The Mortgage Works extends its product range

The Mortgage Works TMW has reinforced its support for brokers and their clients by improving its buy-to-let and prime residential range.

TMW's new products are designed to provide a wider choice of competitive and flexible mortgage rates.

A new Light Refurbishment Plus range is available offering up to £40,000, with rates starting from 4.99 per cent.

With an initial loan to value LTV of 60 per cent, the product is designed for rental properties which may benefit from minor improvements, to be completed within three months of completion and prior to letting.

Tracie Pearce, head of products for The Mortgage Works, said: "By making these changes, we believe The Mortgage Works is providing intermediaries access to an increased choice of creative and flexible mortgage solutions."

She added that through the company's longstanding approach of combining prudent lending with innovative products they have been able to support brokers throughout the economic cycle.

One, two and three-year fixed-rate incentivised remortgage products all at 75 per cent LTV, including a two-year fixed-rate product with free valuation, free legal fees and £1,000 cashback.

TMW recently launched a managed rate lifetime variable mortgage available at 4.99 per cent for 75 per cent LTV.
 

Moneyextra.com recommends you take independent financial advice before acting on any article

Back

2010-09-30 12:53:34 © Moneyextra.com