TMW launches limited company mortgages

The offerings will be available from 28 January for remortgage only, with the legal fees and valuation included.

TMW launches limited company mortgages

The Mortgage Works (TMW) is set to launch a number of limited company mortgages.

The offerings will be available from 28 January for remortgage only, with the legal fees and valuation included.

Notable products include a 75% LTV 2-year fix at 3.34%, and a 75% TV 5-year fix at 3.69%.

In addition, a 75% LTV 2-year fix at 3.49%, and a 75% LTV 5-year fix at 3.84% are set to be introduced.

The former two deals include a £1,995 fee, while the latter two have a £995 fee.

Daniel Clinton, head of The Mortgage Works, said: “Over the last few years, we have seen more and more landlords build their portfolios through limited companies following changes to the tax regime.

“As a leading buy-to-let mortgage provider, we always look to offer a range of competitive mortgages to suit whatever the landlord’s circumstances.

“These latest products reinforce our support for the limited company market, helping reduce upfront costs for landlords.”