The products are available with other rate or fee combinations
‘Supporting landlords looking for greater flexibility’.
Specialist buy-to-let lender The Mortgage Works (TMW) has reintroduced its range of tracker buy-to-let mortgages.
The new buy-to-let rates include a two-year tracker at 65% LTV at 2.89% (bank base rate plus 0.64%) with a £1,995 fee and a two-year tracker at 75% LTV at 2.99% (bank base rate plus 0.74%) with a £1,995 fee. All are available for purchase and remortgage with other rate or fee combinations.
TMW said all its tracker products came with the switch to dix facility, which allowed customers to switch to an existing customer fixed rate at any time without incurring early repayment charges.
“Following a brief withdrawal, we have reintroduced our range of tracker buy to let mortgages supporting landlords looking for greater flexibility versus current fixed rate options,” Daniel Clinton, head of The Mortgage Works, said.
The Mortgage Works, based in Bournemouth, Dorset, is the specialist mortgage lender of Nationwide Building Society, working primarily through regulated intermediaries.
