Buy-to-let mortgage rates with The Mortgage Works now stand at 2.78%, outlining the downward trajectory of rates at the moment.
Its switcher buy-to-let rates now include a 2-year fixed rate at 2.78%, with a 3% fee, available up to 65% LTV (reduced by 0.21%)
There is also a 2-year fixed rate at 3.99% with a £1,495 fee, available up to 65% LTV (reduced by 0.13%); and a 2-year fixed rate at 4.54%, no product fee, available up to 65% LTV (reduced by 0.06%).
Switcher limited company rate reductions include: a 2-year fixed rate at 4.04%, with a 3% product fee, available up to 75% LTV (reduced by 0.10%); a 2-year fixed rate at 5.14% with a £1,495 product fee, available up to 75% LTV (reduced by 0.20%); and a 5-year fixed rate at 4.69% with a 3% product fee, available up to 75% LTV (reduced by 0.10%).
Joe Avarne, senior manager at The Mortgage Works, said: “These latest reductions show our ongoing commitment to supporting our landlords.”
The Mortgage Works is the buy-to-let brand of Nationwide.
