TMW announces BTL rates have been cut by 0.5%
The Mortgage Works has just announced that it’s reducing its rates by up to 0.5%, which means it’s now offering some of the best BLT deals in the market.
TMW, which is the Nationwide’s buy to let subsidiary, is now offering fixed rate deals from 2.19% and trackers from 1.94%.
In addition the lender has also launched a new fee free 2 year fix for 65% LTV at 2.99%. For those willing to pay a higher fee for a low rate, the lender has introduced various 3 to 5 year fixed term deals from 2.69% with a £1,995 fee.
A spokesperson for the lender commented on these deals advising that they are highly competitive and provide investors with the lowest TMW rates ever.
If you would like to view this range against alternative products in the wider buy to let market, call us at Deal Direct on 0800 048 8828.
Our advisers are here to take your call and can find you the most competitive mortgage on offer for your deposit level. We will search every lenders range to find you the best investment mortgage available.
- Please note that whilst we are regulated by the FCA to offer mortgage advice, we cannot advise you as to the suitability of property as an investment. For that you will need to speak to an IFA.
- Also note that not all BLT mortgages are regulated by the FCA.
For advice and a low rate quote call us on 0800 048 8828.
