These changes follow the continued commitment by the mortgage provider to ensure the best products are available to intermediaries and their clients.
Highlights:
- Three-year fixed rate reduced from 5.09 per cent to 4.99 per cent with no arrangement fee
- Five-year fixed rate reduced from 5.49 per cent to 5.39 per cent (arrangement fee 0.5 per cent, min £595)
- Five-year fixed rate reduced from 5.64 per cent to 5.59 per cent, refunded valuation fee and £250 cashback (arrangement fee 0.5 per cent, min £595)
- Five-year fixed rate reduced from 5.69 per cent to 5.59 per cent with no arrangement fee
Further changes:
- BTL three-year fixed rate reduced from 5.49 per cent to 5.45 per cent (arrangement fee 0.5 per cent, min £595)
- BTL two-year tracker reduced from 4.93 per cent to 4.89 per cent (arrangement fee 1.5 per cent, min £595)
- BTL two-year fixed reduced from 5.79 per cent to 5.74 per cent, with no arrangement fee
- BTL three-year fixed reduced from 5.74 per cent to 5.69 per cent, with no arrangement fee
All end dates extended to 31 October
Paul Howard, director of intermediary sales for The Mortgage Works, said: “The Mortgage Works has been consistently competitive on its buy-to-let pricing this year. These latest reductions are further evidence of our commitment to this market and reflect our determination to become a leading player in the buy-to-let sector.”
