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TMW reduces rates for limited company and HMO BTL products The Mortgage Works (TMW) has cut limited company and HMO buy-to-let mortgage rates. TMW is offering a two-year fixed limited company mortgage at 75% loan-to-value (LTV) at 2.84% with a £1,995 fee, or a fee-free deal at 3.29%.
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Including standard Buy to Let, First Time Landlords and Houses in Multiple Occupation for new and existing borrowers and a range of products for Limited Company and Portfolio clients. Let to Buy mortgages Ideal for first time or experienced landlord applicants looking to remortgage their existing residential properties as a Buy to Let.
The two-year fixed rate up to 65% LTV with zero fee starts at 2.39%, down from 2.44%, with both for purchase and remortgage. TMW has added free valuations to all house of multiple occupation (hmo) mortgage products, while selected tracker rates have been increased by up to 0.1%.
The TMW fixed rate two-year limited company products will be cut by up to 0.2 per cent. Two- and five-year limited company house of multiple occupation (HMO) options will be reduced by up to 0.3 per cent.
Saffron Building Society has reduced rates on a number of its expat buy-to-let mortgage products. Cuts include the 55 per cent LTV five-year fix being reduced from 3.97 per cent to 3.77 per cent, and.
The lender also has a HMO lending product, which is a 65% LTV 2-year fix at 3.49% with a 1,995 fee. paul wootton, managing director of TMW, said: "Having previously offered limited company products and with the long-term expertise to support professional landlords, TMW is now looking to return to this market.
Deutsche Bank CEO speaks of ‘tough cutbacks’ at contentious shareholder meeting tmw reduces rates for limited company and HMO BTL products The two-year fixed rate up to 65% LTV with zero fee starts at 2.39%, down from 2.44%, with both for purchase and remortgage. TMW has added free valuations to all house of multiple occupation (hmo.
The Mortgage Works is reducing rates on select 2-year fixed and tracker mortgages from tomorrow, 27 September, and introducing a new limited company product. The BTL specialist arm of Nationwide will reduce rates by up to 0.65 per cent, with fixed rates starting from 1.49 per cent up to 65 per cent LTV after the [.]