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TMW launches 4.69% two-year fixed rate mortgage

The Mortgage Works has launched a 4.69 per cent two-year fixed rate for buy-to-let customers and has reduced the rates on a number of its products by up to 0.55 per cent.

The new mortgage is available up to 75 per cent loan-to-value with a 2.5 per cent arrangement fee.

It has also introduced a new two-year tracker for buy-to-let customers at base rate plus 3.49 per cent up to 75 per cent LTV, with a 2.5 per cent arrangement fee.

TMW has reduced the rates on its let-to-buy range by up to 0.55 per cent and has lowered the rates on its remortgage products by up to 0.45 per cent.

Head of product management and pricing Tracie Pearce says: “The improvements we’re making to our buy-to-let range demonstrate our commitment to both customers and intermediaries, by offering a range of products that suit a variety of needs.”

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