The Mortgage Works (TMW) has made changes to its buy-to-let range.
The Nationwide owned lender has also extended its ‘Switch to Fix’ option to more of its tracker products.
Selected tracker rates have improved across Buy to Let, Let to Buy, First Time Landlord and Light Refurbishment ranges and TMW has also cut rates on all HMO and Limited Company products.
The one-year Easy Remortgage fixed and tracker rates at 70% LTV have been reduced to 3.99%. Meanwhile, Easy Remortgage products with free standard valuation and free standard legals are now available on properties in Scotland.
Also, TMW has introduced the following new products: an 80% LTV five-year fixed rate option at 6.29% with a 3.50% fee and a new four-year fixed rate product up to 75% LTV at 5.74% with a 2.50% fee.
There are new one and two-year tracker products introduced starting at 3.39%, up to 70% LTV as well as a new HMO two-year fixed at 5.49% up to 65% LTV with £1,000 cashback.
The 0% fee options have been extended with the two-year fixed at 6.24% up to 70% LTV.
TMW has also withdrawn the following products: B07433 1 year Switch to Fix tracker, 3.59%, 70% LTV, 3.50% fee B07434 two-year Switch to Fix tracker, 3.89%, 60% LTV, 3.50% fee and B07435 two-year Switch to Fix tracker, 4.24%, 70% LTV, 3.50% fee.
