The new business rate cuts tomorrow include:
• Two-year fixed rate (remortgage only) buy-to-let mortgage at 3.74% (reduced by 0.05%) with a 3% fee, available up to 65% LTV with free valuation and free legal.
• Five-year fixed rate (remortgage only) buy-to-let mortgage at 4.37% (reduced by 0.15%) with a 3% fee, available up to 55% LTV with free valuation and free legal.
• Five-year fixed rate (remortgage only) buy-to-let mortgage at 4.99% (reduced by 0.20%) with a £1,495 fee, available up to 75% LTV with free valuation and free legal.
Keir Fraser, Lead Manager at The Mortgage Works, said: “We’re delighted to be able to make these rate cuts as we continue to put The Mortgage Works at the forefront of the buy-to-let market with competitive rates.”
-ends-
