The Mortgage Works, the buy-to-let arm of Nationwide, has launched mortgages to its range and reduced rates on limited company deals by up to 0.20 per cent.
The two-year fixed at 75 per cent loan to value (LTV) is now priced at 2.49 per cent with a £1,995 fee, while the no-fee equivalent has a rate of 2.94 per cent.
The five-year fixed product at the same tier with a £1,995 fee has a rate of 2.99 per cent and the fee-free option has a rate of 3.19 per cent.
These products are available for purchase and remortgage.
TMW has also added a 10-year fixed mortgage at 65 per cent LTV with a rate of 2.44 per cent. It has no product fee and offers a free valuation.
Daniel Clinton, head of lending at The Mortgage Works, said: “Over the last few years, we have seen more and more landlords build their portfolios through limited companies following changes to the tax regime.
“We always look to offer a range of competitive mortgages to suit whatever the landlord’s circumstances. These latest products reinforce our support for the limited company market.”
He added: “In the current economic climate, we know that many landlords are looking to fix their repayments for a longer period, which is why we have also introduced a new 10-year fixed product to our buy to let range.”
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS
