TMW unveils cashback and free valuations range

Ryan Bembridge

September 28, 2016

buy-to-let buy to let house

The Mortgage Works has unveiled a selection of mortgages with £250 cashback and free standard valuations across its buy-to-let range.

Products include 2-year fixes at 2.34% to 65% loan-to-value and 2.59% to 75% LTV, both with a £995 fee.

Other mortgages are 5-year fixes at 2.99% to 65% LTV and 3.44% to 75% LTV, and 2-year trackers at 2.29% to 65% LTV and 2.54% to 75% LTV, all with a £995 fee.

Accord offers £250 cashback on remortgages

Paul Wootton, managing director of TMW, said: “After listening to feedback from brokers, we have launched new products with both a cashback of £250 and fee-free valuations to the TMW range, in addition to offering a competitive range of rates with varying fees. This will help to support landlords looking to minimise upfront costs.

“The new products will also now provide access to the free standard valuation option for house purchase customers that was previously only available on remortgage. In addition, cashback is a useful substitute for free standard legals option for those remortgage customers who prefer to use their own solicitor.”