The Mortgage Works (TMW) will reduce rates by up to 0.3 per cent across its limited company and houses in multiple occupation (HMO) for new customers.
The changes will come into force from 28 November.
Examples of the changes in its limited company range include the one-year fixed rate for purchase and remortgage at 75 per cent loan to value (LTV), which will decrease by 0.3 per cent to 5.19 per cent. It is subject to a two per cent fee.
Its two-year fixed rate for purchase and remortgage at 75 per cent LTV will fall by 0.3 per cent to 5.19 per cent. It has a three per cent fee.
The lender’s five-year fixed rate for purchase and remortgage at 75 per cent LTV will go down by 0.1 per cent to 4.89 per cent. It has a five per cent fee.
Daniel Clinton, head of specialist lending at TMW, said: “These latest rate cuts demonstrate our commitment to the buy-to-let sector as we continue to offer some of the most competitive rates in the market.
“This is our fourth reduction in five weeks with these particular reductions focusing on supporting limited company and HMO landlords.”
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.
