Complex Buy To Let
TMW launches limited company BTL fee-assist remortgages
The Mortgage Works (TMW) is launching a range of limited company remortgages up to 75 per cent loan to value that come with legal fees and a valuation included.
Four deals are included in the remortgage range. A two-year fix at 3.34 per cent with a £1,995 fee and a £995 fee option with a rate of 3.49 per cent.
For borrowers who want a longer term, a five-year fixed rate at 3.69 per cent is available with a fee of £1,995. The £995 option comes with a 3.84 per cent rate.
Daniel Clinton, head of TMW, said: “Over the last few years, we have seen more and more landlords build their portfolios through limited companies following changes to the tax regime.
“As a leading buy-to-let mortgage provider, we always look to offer a range of competitive mortgages to suit whatever the landlord’s circumstances. These latest products reinforce our support for the limited company market, helping reduce upfront costs for landlords.”
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Saffron Building Society returned to limited company buy-to-let lending this week at 75 per cent LTV for purchases and remortgages.