The Mortgage Works (TMW) has made changes to its residential and guarantor fixed rate mortgage ranges.

New fixed rates include a two-year fixed rate, available at 3.54% (up to 70% LTV) for remortgage. It comes with a £595 arrangement fee. There are no standard valuation or standard legal fees.

Also, a three-year fixed rate is available at 3.69% (up to 70% LTV) for house purchase. It has a 1.50% arrangement fee and there are no standard valuation fees.

Tracker rates for the residential and guarantor mortgage ranges remain unchanged.