The Mortgage Works (TMW) has launched two new buy-to-let (BTL) products for limited companies.
At the same time, the firm has announced it is reducing selected limited company rates by up to 0.15%.
TMW’s two new limited company products include a two-year fixed rate offering at 75% LTV at 3.49% with a 2% fee, available for purchase, remortgage and further advances and comes with free standard valuations. The other product is also a two-year fixed rate at 75% LTV, but at 3.74% with a 2% fee, which is available for remortgage and comes with free standard valuations.
The firm’s newly announced rate reductions now see TMW’s limited company offering include a two-year fixed rate at 3.99% with a £1,995 fee, a two-year fix at 4.09% with a £995 fee, a five-year fix at 3.84% with a £1,995 fee, and a five-year fix at at 3.89% with a £995 fee. All of these products are offered at 75% LTV, TMW confirmed.
“Many landlords are choosing to manage their portfolio through a limited company,” said the head of TMW, Daniel Clinton. By expanding our range of mortgages on offer to these landlords and making reductions to our rates, we are demonstrating our support for this important and growing segment of the market.”
Latest News
-
Govt has failed to act on lifetime ISA recommendations – Treasury Committee
-
FCA consults on unlimited contactless card payments
-
Tavistock acquires Lifetime Financial Management
-
Consumer finance new business grows 4% in July – FLA
-
Just Group completes £23m pension buy-in
-
Three quarters of brokers support FCA mortgage review
The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.
Helping the credit challenged get mortgage ready
A rising number of borrowers are finding it harder to access mortgages due to being credit challenged - whether that’s from historic debts, a county court judgment, or having little to no credit history.
In the latest episode of the Mortgage Insider podcast, Phil Spencer is joined by Eloise Hall, Head of National Accounts at Kensington Mortgages, and Alastair Douglas, CEO of TotallyMoney.
In the latest episode of the Mortgage Insider podcast, Phil Spencer is joined by Eloise Hall, Head of National Accounts at Kensington Mortgages, and Alastair Douglas, CEO of TotallyMoney.
The future of the bridging industry and the Autumn Budget
MoneyAge content editor, Dan McGrath, is joined by head of marketing at Black & White Bridging, Matt Horton, to discuss the bridging industry, the impact of the Autumn Budget and what the future holds for the sector.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories