TMW enhances range

The Mortgage Works has launched two self-cert products, including a three-year fixed rate at 5.69 per cent. The specialist lender has also reduced rates across its buy-to-let and self-certification product range. TMW claims the changes make its five-year fixed rate buy-to-let products amongst the best on the market.

Product details:

Self Cert

• Two-year fixed – 5.69 per cent (arrangement fee 1 per cent, min £595)
• Three-year fixed – 5.69 per cent (arrangement fee 1 per cent, min £595)
• ‘Switch to fix’ option still available on BBR two & three-year trackers at a reduced rate of 5.84 per cent

Other changes

• All end dates extended to 31 July

Matthew Wyles, group development director for TMW, said: “We are starting to see swap rates come down and The Mortgage Works is moving without delay to pass on this cheaper funding to our customers. We have also taken the decision to push all our products’ end dates right out to the end of July to deliver even better value.”