In total, 19 new specialist lending products have been launched across TMW's buy-to-let and self-certification ranges, with existing fixed rate buy-to-let products and tracker rate self certification products all having been reduced.
Andy McQueen, managing director of The Mortgage Works, said the new range would offer intermediaries a wider choice of options for their clients. He commented: "This broad range of products offers brokers a wide choice of fees and pay rates with which to service their specialist lending clients. With rates from 5.09% we expect the buy-to-let range in particular to prove very popular."
Additional highlights include new buy-to-let maximum loan-to-values of 75% (£350,000 maximum loan size applies to 75%) and free standard valuations across all specialist products to a maximum property value of £500,000.
