The Mortgage Works make BTL changes

Published on

The Mortgage Works (TMW) is withdrawing a number of buy-to-let products from its mortgage range on 5 February.

The products are as follows:

* LR0249 4.99% 2 Year Fixed, up to 60% LTV, 3.50% fee
* LR0250 5.49% 2 Year Fixed, up to 60% LTV, 2.50% fee
* LR0304 5.49% 3 Year Fixed, up to 60% LTV, 3.50% fee
* B07600 2 Year Stepped Tracker, 2.99% (BBR+2.49%) until 30/04/2012 then 4.24% (BBR+3.74%) until 30/04/2013, up to 65% LTV, 3.50% fee
* B07601 2 Year Stepped Tracker – 3.39% (BBR+2.89%) until 30/04/2012 then 4.49%(BBR+3.99%) until 30/04/2013, up to 70% LTV, 3.50% fee
* B01189 4.99% 1 Year Fixed, up to 80% LTV, 3.00% fee
* B01190 5.99% 1 Year Fixed, up to 80% LTV, 2.00% fee
* B02934 5.19% 18 Month Fixed, up to 80% LTV, 2.50% fee

To secure any of the current products, Any DIPs need to be completed via TMW Online by 1pm 4 February 2011. Any DIPs must be progressed to full mortgage application by 8pm 4 February 2011. Faxed DIPs will not be accepted. Please use TMW Online for all DIPs.

Paper applications, where applicable, must be postmarked up to 4 February 2011. There is no booking system in place for these products.

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Target Group launches staff AI programme for regulated finance

Target Group has launched an AI Champion programme to encourage the responsible use of...

Employment history rises up brokers’ mortgage search agenda

Employment history became a more pressing concern for mortgage brokers in July as changing...

Half of homes taking longer to sell as regional divide widens

Homes in almost half of Great Britain’s local authority areas are taking longer to...

The uncomfortable truth about the later life lending market

The headlines around the latest Equity Release Council figures released this month all suggested...

Revived Help to Buy would inflate prices: Lamdin

Restoring Help to Buy would strengthen developers’ sales without solving the underlying affordability crisis...

Latest publication

Other news

Target Group launches staff AI programme for regulated finance

Target Group has launched an AI Champion programme to encourage the responsible use of...

Employment history rises up brokers’ mortgage search agenda

Employment history became a more pressing concern for mortgage brokers in July as changing...

Half of homes taking longer to sell as regional divide widens

Homes in almost half of Great Britain’s local authority areas are taking longer to...