The Mortgage Works (TMW), has reduced rates on products within its limited company range.
The Mortgage Works (TMW), has reduced rates on products within its limited company range.
The specialist buy-to-let arm of Nationwide Building Society, has cut the rates by up to 0.25% on 2- and 5-year offerings.
Notable reductions include the 75% LTV 2-year fix, which has been cut by 0.2% to 3.19%, and the 75% 5-year fix, reduced by 0.25% to 3.64%. Both offerings include a £1,995 fee.
In addition, the 75% LTV 2-year fix has been dropped by 0.25% to 3.34%, and the 75% LTV 5-year fix has been reduced by 0.25% to 3.74%. The two products both include a £995 fee.
All of the products, which have seen a reduction include a free valuation and the reduced rates will be effective from 12 November.
Henry Jordan, director of mortgages, at Nationwide, said: “TMW offers landlords a broad range of options to meet their varying needs.
“We are making reductions to our 2- and 5-year limited company products to improve the competitiveness of the range.
“These reductions show our continuing support for landlords looking to manage their finances through fixed rates.”
