In addition, rates on some limited company mortgage deals, available on both purchase or remortgage, have been reduced by 0.35 per cent.
These rates now start at 2.99 per cent for a two-year fixed rate at up to 75 per cent with a £1,995 fee, and 3.49 per cent for a five-year fix at up to 75 per cent with a £1,995 fee.
Alongside the rate cuts TMW is introducing a new fee-free range of fixed and tracker deals at up 65 per cent and 75 per cent LTV.
Rates for the new two-year deal start at 2.44 per cent, while the five-year starts at 3.09 per cent. For tracker deals, rates start at 2.29 per cent.
Paul Wootton (pictured), managing director of TMW, said the changes were designed to support a wide range of landlords, giving them access to a wider choice of deals in order to manage their cashflow.
“This illustrates TMW’s continued commitment to supporting intermediaries and landlords,” he added.