TMW lower their buy-to-let rates
The Mortgage Works (TMW), the buy-to-let specialist lending arm of Nationwide Building Society, has made changes to their buy-to-let mortgages and added some new rates to their range.
The new deals are available for house purchase and remortgage and some existing rates have been lowered by up to 0.25%.
Their two-year fixes start at 3.39% for those with a 40% deposit and the arrangement fee is 3.5% of the loan amount.
With a 25% deposit you may be able to access their two-year fix at 4.99% and it has a 1.5% fee. For those with 20% deposit the rate is 4.99% and the arrangement fee is 3.5%.
The Nottingham Building Society offers one of the most competitive two-year trackers at 3.39% for those with a 40% deposit. Or, they offer a 3.89% tracker if you have a 25% deposit. Both mortgages have a £1,999 arrangement fee.
May 4, 2012
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