Press Release: TMW appoints two new Business Development Managers
The Mortgage Works (TMW) is pleased to announce that it has appointed two new Business Development Managers (BDM) covering Wales and the South East respectively.
The Mortgage Works speeds up mortgage process with instant POSO
The Mortgage Works (TMW) has today launched an online Point Of Sale Offer (POSO) facility. This is an exciting development for the specialist lender and will speed up the mortgage application process for brokers and their clients. POSO enhances the service offered by TMW online and is available on a number of buy to let products with fixed rates starting from 6.29%.
Press Release: TMW Comments on Longer Term BTL Mortgages
Matthew Wyles, Executive Director at The Mortgage Works, a specialist lender in the non-conforming market, comments on long term, fixed rate buy to let products:
"As Gordon Brown announces his proposals for affordable housing and advocates an increase in the use of longer term fixed rate mortgages for residential purchases, it is worth taking time to consider why longer term deals may also be appealing for the buy to let investor." Cont...
The Mortgage Works adds Connect Mortgages to Sub Prime distribution
The Mortgage Works (TMW) is delighted to add Connect Mortgage Group, one of the largest groups of independent mortgage brokers in the UK, to its sub prime distribution channel.
Brokers applaud TMW Online
Brokers have been praising the new electronic trading platform from The Mortgage Works (TMW). The new system, based on simplicity, speed and quality of decision enables brokers to complete and submit their application completely online.
THE MORTGAGE WORKS EXPANDS 100% MORTGAGE RANGE
The Mortgage Works is launching three new highly competitive mortgages in the 100% mortgage portfolio. The new deals have an LTV of 99%, with an arrangement fee of 1% which can be added to the loan, taking the loan to 100% LTV. With rates starting from 5.99%, the products are designed for customers who have a small deposit and wish to take advantage of lower interest rates.
Press Release: The Mortgage Works increases procuration fees
The Mortgage Works has increased its procuration fee for all new Buy to Let and Self Certification mortgage applications. The increase is effective on products launched from Friday 27 April 2007 and thereafter. Brokers will see their current procuration fee enhanced by 0.05%. These changes do not affect the recently launched Sub Prime or 100% mortgage ranges.
Product Update: Great Buy to Let and Self Cert rates from 5.39%
With effect from Thursday 15 March 2007, The Mortgage Works will make changes to its product range.
Press Release: The Mortgage Works sharpens rates and launches new self cert products
Specialist mortgage lender, The Mortgage Works, has made a number of changes to its portfolio and has reduced the rates on many of its buy to let and self certification mortgages. Two new self cert products are also being also being launched, including a highly competitive three-year fix at 5.63%. All of the changes are available from Tuesday 20 February 2007.
Communication: New Buy to Let and Self Cert lending criteria
The Mortgage Works' Buy to Let and Self Cert lending criteria changed to benefit brokers and their clients.
Press Release: The Mortgage Works enhances the mortgage application process
The Mortgage Works has enhanced the mortgage application process by introducing electronic confirmation of identity.
National Broker Survey of Buy to Let 'Hot-Spots' and 'Not-Spots' puts Newcastle postal area in top slot
Research of mortgage lending in the UK by broker postcode area*, conducted by The Mortgage Works, reveals the top Buy-to-let 'hot-spots' and 'not-spots' across the country.
TMW’s Adrian Moloney goes fully packaged
The Mortgage Works is pleased to announce that Adrian Moloney has been appointed to the role of National Account Manager with specific responsibility for packagers. Adrian was previously Regional Sales Manager for the South and has been with Portman, now Nationwide, and The Mortgage Works since 2000, he is a well known figure in the London area. Mark Williams, recently recruited by The Mortgage Works replaces Adrian as Business Development Manager for Central London.
The Mortgage Works reviews Buy to Let and Self Cert ranges
Following recent increases in swap rates, The Mortgage Works (TMW) has reviewed its buy to let and self cert product ranges. While fixed rates have been increased, tracker rates have been reduced and new products added to the range, to widen the choice available for borrowers. The specialist lender is introducing six new products to its buy to let range at a maximum LTV of 75% - these products benefit from non-status rental income and rates from 5.29%.
Press Release: New Business Development Manager appointed by The Mortgage Works
The Mortgage Works is pleased to announce the appointment of Keith Barr to the position of Business Development Manager (BDM). Keith will be responsible for the intermediary business in Scotland.
THE MORTGAGE WORKS ENHANCES BUY TO LET RANGE
The Mortgage Works has increased the maximum LTV for non-status rental calculations from 70% LTV to 75% LTV on all buy to let products, and has also made a number of additions to its buy to let offering. The specialist lender has launched new 7 and 10 year fixed rate mortgage products, with rental calculations at 110% of pay rate up to 85% LTV, together with procuration fees of 0.60% and 0.75% respectively. In addition, 90% LTV or 100% rental cover is available on both products for an additional 1% fee. A new two-year Bank Base Rate tracker has also been launched, featuring no early repayment charges (ERCs).
Press Release: The Mortgage Works comments on latest base rate announcement
Matthew Wyles, Group Development Director at The Mortgage Works, a specialist lender in the non-conforming market, comments on the Bank of England's decision to raise the base rate to 5.50%.
Press Release: The Mortgage Works launches new self cert products and reduced rates
The Mortgage Works is launching two new self cert products including a highly competitive three-year fixed rate at 5.69%. The specialist lender has also reduced rates across its buy to let and self certification product range. The changes make the five-year fixed rate buy to let products amongst the best on the market. All of the changes are available from Thursday 15 March 2007.
Press Release: The Mortgage Works celebrates Moneyfacts award win
The Mortgage Works is celebrating its success at the Business Moneyfacts Awards held in London today. The specialist lender picked up the award for Best 5-Year Fixed Rate Buy to Let Mortgage Provider*.
Product Update: Improved rates across Buy to Let and Self Cert ranges
With effect from Tuesday 20 February 2007, The Mortgage Works will make the following changes to its product range. For full details of all changes to The Mortgage Works' product range, download a print-friendly, black and white version of The Mortgage Works' product guide and lending criteria from the Downloads section below.
Press Release: The Mortgage Works launches new sub-prime range
The Mortgage Works is underlining its commitment to the sub-prime market by launching a new range of market-leading products. For an initial period, the products will be exclusively available through three leading packagers: All Types of Mortgages; Solent Mortgage Services; and The Mortgage Times Group.
Press Release: New Business Development Manager appointed by The Mortgage Works
The Mortgage Works is pleased to announce the appointment of Iain Binsley to the position of Business Development Manager. Iain will be responsible for the intermediary business around the M5/M6 corridor.
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