Buy to Let

TMW announce launch of new 2 and 5 year fixed remortgage products

TMW announce launch of new 2 and 5 year fixed remortgage products





The Mortgage Works has announced that as of today they will be providing two new fixed rate buy to let remortgage products, available for a limited period.

According to the lender, the new 50% loan to value 2 year and 5 year remortgage products will be available until 4 October 2017 with a £1995 arrangement fee and come with free standard valuation and free standard legals. The rate for the 2 year buy to let remortgage product is 1.39% and 2.14% for the 5 year remortgage product.

In addition, the £150 application fee for TMW mortgage products is being withdrawn.

Paul Wootton, Managing Director of TMW, said: “TMW is offering a new range of buy to let remortgage deals with competitive rates for those landlords with larger deposits, as well as removing the application fee across all our mortgage products. We are looking to extend choice of TMW mortgage options while removing upfront costs, allowing us to offer a wider choice of products and continue to support landlords in their choices.”

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