The Mortgage Works (TMW) has cut rates by up to 0.20% across its one, two and five-year fixed products across its mortgage range for new and existing customers. As a result, the lender’s two-year fixed buy-to-let (BTL) mortgage starts from 3.32% at up to 65% LTV with a 3% fee, while its limited company option is available from 4.34% with a 3% fee up to 75% LTV with a free valuation. Furthermore, its two-year limited company HMO mortgage starts from 4.39% at 75% LTV with a 3% fee. TMW has also introduced new products to its new customer BTL range. Its new one-year fix for house purchase and remortgage starts from 4.34% at 75% LTV with a 1% fee, while the remortgage only product starts from 4.34%, while its remortgage only product starts from 4.84%. Both are available from 75% LTV and come with a 1% fee.

Richard McRoberts has been appointed as business development manager (BDM) for Kent and the South Coast at Landbay. He brings over 12 years’ experience in the property and finance sectors to the role, having spent nine years working in sales and lettings across central London and the South East, before moving to finance in 2022. Over the last four years, McRoberts has worked as a specialist BTL broker at Mortgage Finance Brokers, placing cases covering a range of cases including limited company structures, HMOs and MUFBs. In his new role, he will provide full sales support to brokers and advisory firms across the regions, working with them to provide finance solutions via Landbay’s product range and across a range of borrower and property types.

Mansfield Building Society has launched three new mortgage rates fixed until 30 September 2031, providing borrowers with greater long-term certainty and a lower affordability hurdle. The three products include house purchase at between 90% and 95% LTV at up to 5.99%, credit repair at 75% LTV at 6.75%, and its limited company BTL product available from 75% LTV a 5.75%. Borrowers will be able to access The Mansfield’s flexible approach to lending and accommodating criteria for those with complex incomes or credit blips.

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