It has also withdrawn its one-year fix for existing customers
The Mortgage Works (TMW), the specialist buy-to-let mortgage lender of Nationwide Building Society, has launched a new 55% loan-to-value (LTV) buy-to-let range for new and existing customers, covering house purchases and remortgages.
As the specialist buy-to-let mortgage lender of Nationwide Building Society, TMW’s new 55% LTV products include five-year buy-to-let fixes – one at 4.09% with a 3% fee, another at 4.44% with a £1,495 fee, and one at 4.74% with no fee.
Get to know more about the Nationwide Mortgage Rates for Buy to Let mortgage products here.
The lender has also withdrawn its one-year fixed rate product for existing customers.
Full details on all new TMW products are available online through the lender’s website.
“As one of the UK’s largest buy-to-let lenders, we always look to offer a wide range of mortgages to suit landlords’ differing needs,” said Dan Clinton, head of specialist lending at The Mortgage Works.
“In recent times, we have seen an increasing demand in the market for low loan-to-value products, which is why we’re pleased to be able to support landlords who have significant deposits with competitive products.”
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