The Mortgage Works increasing maximum buy-to-let loan sizes at selected loan-to-values

by Aaron Strutt

Jul 18 2015

The Mortgage Works, the buy-to-let lending arm of the Nationwide Building Society, is increasing its maximum loan sizes for experienced landlords looking for a mortgage.

For landlords with either a 30% or 35% deposit the maximum loan size will be raised from £500,000 to £750,000.

For those with a 25% or 30% deposit, the maximum loan size will increase from £350,000 to £500,000.

Aaron Strutt, product manager at Trinity Financial, says: “The Mortgage Works has some of the most competitively priced buy-to-let mortgages and they have a range of arrangement fees.

“They have mortgages available to first-time landlords and let-to-buy borrowers completing their onward purchase through the Nationwide Building Society.”

The maximum loan size is £1.5 million, although landlords will need to put down a 50% deposit to qualify.

For help to secure a buy-to-let mortgage, call Trinity on 020 7016 0790.