The Mortgage Works (TMW) has lowered select fixed rates by up to 0.45%, with pricing beginning from 3.49%.
The lender’s two-year fixed buy-to-let purchase and remortgage rate at 65% loan to value (LTV) with a 3% fee has fallen by 0.05% to 3.49%.
TMW’s five-year limited company buy-to-let purchase and remortgage fixed rate at 70% LTV with a 5% fee has been cut by 0.25% to 4.59%.
The firm’s five-year limited company buy-to-let purchase and remortgage fixed rate at 75% LTV with a 3% fee has been cut by 0.3% to 4.99%.
The lender’s two-year limited company houses in multiple occupation (HMO) purchase and remortgage fixed rate at 75% LTV with a 3% fee will decrease by 0.45% to 4.94%.
Joe Avarne, senior manager, buy-to-let mortgages at TMW, said: “We are pleased to announce more rate cuts as it further demonstrates our ongoing commitment to brokers and landlords.
“These latest reductions make us one of the most competitive buy-to-let mortgage lenders in the sector with rates now starting from 3.49%.”
TMW last lowered rates near the end of July, lowering new and existing customer rates by up to 0.25%.
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.
