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TMW set to launch buy-to-let switcher range

The Mortgage Works (TMW) is set to launch a range of buy to let switcher mortgages for limited companies.

At 75% LTV rates start from 2.99% for 2-year fixes and 3.99% for 5-year fixes.

All of these come with a £1,995 product fee.

Henry Jordan, director of mortgages at TMW, said: “We first piloted our range of limited company mortgages just over two years ago meaning some of our first borrowers are coming to the end of their deal.

“This new range will allow these borrowers to switch to a new product with TMW.

“Since launch we have made various enhancements to the range and intermediaries can expect to see further developments, including the introduction of further advance options.”

The changes will come into effect on Thursday 12 December.

 

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