The two new limited company products are two-year fixed rates at 75% LTV, available at 3.49% for purchase, remortgage and further advances and 3.74% for remortgage only. Both products come with a 2% fee and free standard valuation/legals.
TMW is also reducing selected limited company rates by up to 0.15%.
Two-year fixed rates now start at 3.99% up to 75% LTV with a £1,995 fee or 4.09% with a £995 fee.
Five-year fixed rates have been reduced to 3.84% with a £1,995 fee and 3.89% with a £995 fee.
All products are available for purchase and remortgage with other rate/fee combinations also available.
Daniel Clinton, head of The Mortgage Works, said: “Many landlords are choosing to manage their portfolio through a limited company. By expanding our range of mortgages on offer to these landlords and making reductions to our rates, we are demonstrating our support for this important and growing segment of the market.”
