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The Mortgage Works reduces switcher rates

15 August 2025

The Mortgage Works will be reducing rates by up to 0.25 percentage points across selected limited company buy-to-let and HMO products for existing customers. The new rates will be effective from tomorrow, Friday 15 August.

Limited company switcher rate reductions include:

  • Two-year fixed rate at 3.94%, with a 3% fee, available up to 75% LTV (reduced by 0.10%)
  • Two-year fixed rate at 5.54%, with no fee, available up to 75% LTV (reduced by 0.25%)
  • Five-year fixed rate at 5.19%, with no fee, available up to 75% LTV (reduced by 0.25%)

Joe Avarne, Senior Manager at The Mortgage Works, said:

“We are continually looking to provide our existing landlords with competitive rates and are pleased to offer these latest reductions.”