The Mortgage Works strengthens its buy-to-let portfolio

The Mortgage Works TMW has strengthened its buy-to-let product offering by enhancing its existing range of mortgages as well as introducing new products to offer customers competitive mortgage rates.

New one and two-year tracker mortgages have been added to the TMW portfolio with rates starting at 3.39 per cent for those paying a 30 per cent deposit.

To help customers further, a two-year fixed rate option has been introduced, with no arrangement fees available up to 70 per cent loan to value LTV.

Tracie Pearce, head of products for The Mortgage Works, said that the company is committed to considering the challenges that landlords face both now and in the future.

She added: "With new providers entering the market recently, our aim is to remain one of the leading players and provide one of the most competitive offerings in the market, which these new changes will help us to achieve."

TMW recently launched a new Light Refurbishment Plus range, offering up to £40,000, with rates starting from 4.99 per cent.
 

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2010-10-08 12:56:17 © Moneyextra.com