The Mortgage Works (TMW) is to make a number of changes to its residential mortgage range tomorrow (Saturday 22 October).

It is introducing three-year fixed rates at 3.39% (up to 70% LTV for purchase) and 3.89% (up to 75% LTV for Purchase). Both come with a £595 fee and free valuation fee.

For remortgage it is introducing a three-year fix at 3.29% up to 70% LTV and 3.79% up to 75% LTV. Both come with a £595 fee, a free valuation and free legal fees.

Also new is a two-year fixed rate at 3.19% with a £995 fee and £1,000 cash-back, up to 70% LTV for purchase and remortgage.

The following products will be withdrawn: ‘remortgage-only’ products with a 1.5% fee three-year fixed rate products with a 1.5% fee for prchase and remortgage capped tracker products step-down tracker products and the five-year tracker product.

End dates have been extended on all products.