Buy-to-let specialist The Mortgage Works (TMW) has brought out 55 per cent loan to value (LTV) deals for new and existing customers.
The deals are eligible for both purchase and remortgage.
The deals include a five-year fixed rate with a three per cent fee, which is priced at 4.09 per cent.
Its product with a £1,495 fee has a rate of 4.44 per cent, whilst its no-fee version has a 4.74 per cent rate.
‘Increased demand for low LTV products’
Dan Clinton, head of specialist lending at TMW, said: “As one of the UK’s largest buy-to-let lenders, we always look to offer a wide range of mortgages to suit landlords’ differing needs.
“In recent times, we have seen an increasing demand in the market for low LTV products, which is why we’re pleased to be able to support landlords who have significant deposits with competitive products.”
The lender recently lowered some of its buy-to-let rates by around 0.5 per cent and cut its stress rate for lower rate taxpayers.
It also reintroduced its buy-to-let tracker deals.
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.
