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The Mortgage Works continues to cut rates across new business and switcher range
02 July 2025
On Thursday 03 July, The Mortgage Works (TMW) is reducing selected Buy to Let rates for new and existing customers by up to 0.35 percentage points, with rates starting from 2.79%.
New business rate reductions include:
- Buy-to-let two-year fixed rate (remortgage only) at 2.99% with a 3% fee, available up to 65% LTV (reduced by 0.10%) – with free valuation and free legals.
- Buy-to-let five-year fixed rate (remortgage only) at 3.82% with a 3% fee, available up to 75% LTV (reduced by 0.07%) – with free valuation and free legals.
- Limited company buy-to-let five-year fixed rate (purchase, remortgage and further advance) at 4.67% with a 3% fee, available up to 75% LTV (reduced by 0.07%) – with free valuation.
- HMO buy-to-let two-year fixed rate (purchase, remortgage and further advance) at 5.49% with a £1,495 fee, available up to 75% LTV (reduced by 0.35%).
Switcher rate reductions include:
- Buy-to-let two-year fixed rate at 2.99% with a 3% fee, available up to 65% LTV (reduced by 0.15%)
- Buy-to-let two-year fixed rate at 4.12% with £1,495 fee, available up to 65% LTV (reduced by 0.06%)
- Limited company buy-to-let two-year fixed rate at 4.14% with a 3% fee available up to 75% LTV (reduced by 0.30%)
Joe Avarne, Senior Manager at The Mortgage Works, said:
“We are pleased to announce further rate cuts to demonstrate our ongoing commitment to brokers and landlords. These latest reductions make us one of the most competitive providers of buy-to-let mortgages in the sector.”
