The Mortgage Works cuts buy-to-let rates again

23 January 2026

The Mortgage Works is tomorrow (Saturday 24 January) cutting rates by up to 0.20 percentage points on selected one, two and five-year fixed rate products across its new business mortgage range. The Mortgage Works’s lowest buy-to-let rate now stands at 2.29%.

This is the second time in a week that The Mortgage Works has cut rates having made following the reductions of up to 0.15 percentage points last Saturday (17 January).

The new business rate cuts tomorrow include:

• One-year fixed rate (purchase and remortgage) buy-to-let mortgage at 2.29% (reduced by 0.20%) with a 2% fee, available up to 75% LTV
• Two-year fixed rate (purchase and remortgage) buy-to-let mortgage at 2.49% (reduced by 0.10%) with a 3% fee, available up to 65% LTV.
• Two-year fixed rate (remortgage only) buy-to-let mortgage at 2.84% (reduced by 0.03%) with a 3% fee, available up to 75% LTV with free valuation and free legal.
• Five-year fixed rate (remortgage only) buy-to-let mortgage at 3.57% (reduced by 0.10%) with a 3% fee, available up to 75% LTV with free valuation and free legal.

Keir Fraser, Lead Manager at The Mortgage Works, said:

“This second round of rate cuts further demonstrates our commitment to supporting landlords with products that put The Mortgage Works at the forefront of the buy-to-let market.”