TMW has expanded its range of two-year fixed rates with no arrangement fees, free standard valuation and £250 cash back. A number of new products have also been added to the Prime range, including the 18-month fixed rate products, with rates starting from 2.14%.
Across the existing Prime range, there are also rate improvements on selected fixed and tracker rate products of up to 0.15% and 0.17% respectively. This follows the improvements that TMW made to its Buy to Let range earlier this week, which further reinforces its commitment to providing great value mortgages to intermediaries and their clients.
Product Changes include:
- New 18-month Fixed Rate at 2.14% (purchase/remortgage), 2% arrangement fee, available up to 70% LTV
- New Two-year Fixed Rate at 3.89% (purchase), no arrangement fee, with free standard valuation and £250 cash back, available up to 70% LTV
- Two-year Tracker Rate at 2.84% (BBR+ 2.34%) (purchase), £595 arrangement fee, free standard valuation, available up to 70% LTV
- Two-year Fixed Rate at 3.49% (remortgage), £595 arrangement fee, free standard valuation and standard legal fees, available up to 70% LTV
- New Two-year Tracker Rate at 2.29% (BBR+ 1.79%) (remortgage), 2% arrangement fee, free standard valuation and standard legal fees, available up to 70% LTV
Tracie Pearce, Head of Product Management and Pricing at The Mortgage Works, said:
"We've seen strong demand for our Prime mortgage range since it was launched last year. Designed to deliver to intermediaries and their customers a greater choice and better products, these latest enhancements are a further sign of our commitment to supporting the mortgage market."
