TMW launches limited company mortgages

Jake Carter

January 27, 2021

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.”

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