New business limited company buy-to-let rates include:
- Two-year fixed rate (purchase, remortgage and further advance) at 3.74% (reduced by 0.20%) with a 3% fee, available up to 75% LTV with free valuation.
- Two-year fixed rate (purchase, remortgage and further advance) at 4.74% (reduced by 0.15%) with a £1,495 fee, available up to 75% LTV with free valuation.
- Five-year fixed rate (purchase, remortgage and further advance) at 4.97% (reduced by 0.07%) with no fee, available up to 75% LTV with free valuation.
Existing limited company customer switcher rates include:
- Two-year fixed rate at 3.74% (reduced by 0.05%) with a 3% fee, available up to 75% LTV.
- Two-year fixed rate at 5.29% (reduced by 0.15%) with no fee, available up to 75% LTV.
- Five-year fixed rate at 4.79% (reduced by 0.05%) with a £1,495 fee, available up to 75% LTV.
Keir Fraser, Lead Manager at The Mortgage Works, said: “The Mortgage Works has been supporting the limited company buy-to-let market since 2018. We’re delighted to be making these latest rate cuts as we continue to focus on offering limited company landlords a competitive range of products.”
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