Buy-to-let lender The Mortgage Works (TMW) has cut select two and three-year fixed rate switcher deals by as much as 0.35 per cent.
The changes come into force from tomorrow.
Examples include a two-year fixed rate at 65 per cent loan to value (LTV) which has fallen by 0.1 per cent to 5.04 per cent. It comes with a £1,495 fee.
Its three-year fixed rate at 65 per cent LTV has decreased by 0.25 per cent to 4.24 per cent. It is subject to a three per cent fee.
Other rate and fee combinations are also available.
Dan Clinton, director of landlord at TMW, said: “We are continually looking to support our existing landlords with competitive rates as they look to manage their cashflow in the challenging environment.
“That is why we are making further reductions to the rates on our buy-to-let switcher products, which will ensure our range remains front of mind when landlords are coming to the end of their existing deal.”
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
