The Mortgage Works (TMW) has improved its residential mortgage range.
It has made rate reductions of between 10 and 55 basis points on all of its five-year fixed rate products.
The rate up to 70% LTV is now 3.99% while 75% LTV deals are priced at 4.49%. The new rate up to 80% LTV is 5.24% and 50.99% up to 85% LTV.
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There is a £99 non-refundable booking fee payable on application and a 2% arrangement fee.
Product end dates are also being extended across TMW’s range of residential and guarantor mortgages.
Tracie Pearce, TMW’s head of product management and pricing, said: “These improvements to our five-year residential fixed rates follow the enhancements made to our buy-to-let range earlier this week.
