The Mortgage Works website wins five star accolade
Fresh from achieving Five Star accreditation at the Financial Advisor Service Awards, The Mortgage Works have been at it again. This time we have been awarded Five Star status for our service to intermediaries in The Benchmark Study carried out by Frank Eve Consulting Ltd.
The Mortgage Works - Service update
We aim to give you the best service possible, that's why we're sharing our current service levels to show you just how quickly we processed your cases during November 2009. We also have a quick tip for changing details on submitted DIPs.
Extended end dates for all products
We are extending the end dates on all of our products - this will take effect from 11 December 2009.
Rates reduced for selected BTL products
On Wednesday 2 December we'll be reducing selected rates across our Buy to Let range including 1 year fixed rates, 18 Month fixed rates, and 1 year tracker rates. More information can be found in the latest product guide.
Launch of new BTL light refurbishment range
Throughout these challenging times, The Mortgage Works has continued to support you and your clients with the development of common sense products. This work continues on Wednesday 18 November 2009, when we'll be launching a range of BTL light refurbishment products.
TMW Online downtime notice
On Saturday 14 November and Saturday 21 November 2009, we'll be carrying out some routine maintenance to our systems. As a result, TMW Online will be unavailable between 8am and 8pm on these days. We apologise in advance for any inconvenience this may cause.
More product options for BTL
On Tuesday 10 November 2009 we'll be increasing our range of Buy to Let products to give your clients greater choice. We'll also be launching 1 year and 18 month trackers in our Let to Buy range, as well as reducing rates on all 30 month fixed rate products, and lower arrangement fee options for 1 year and 18 month fixed rate products.
National Postal Strike service information
Following a recent ballot, the Communication Workers Union has announced their intention to hold three national strikes on 29, 30, and 31 October 2009. For the majority of applications, please continue to apply using TMW Online. For the small number of cases where we can only accept paper applications, please follow the link below for more information.
Even more Easy Remortgage options
From Saturday 10 October 2009 we will be expanding our range of Buy to Let products, introducing more Easy Remortgage options and increasing our range of 3 year fixed rate products.
The Mortgage Works - Rates reduced and new ranges launched
From Thursday 1 October 2009 we will be expanding our range of Buy to Let products. We will be reducing selected rates across our range and launching a new range of 30 month fixed rate products. In addition, a selection of remortgage only Let to Buy products will be launched for first time landlords.
The Mortgage Works - Service Update
Giving you the best possible service is our top priority. We're showing you a quick snapshot of our current service levels, so you can see just how long it's taking us to process your cases. Being honest and open with you is simply common sense!
TMW and NFI's sales teams have joined forces.
We know how much you've had to adapt the way you work in today's economic climate and we're doing the same. To make sure we offer you a relevant, efficient and dedicated service, we've merged our Nationwide For Intermediaries and TMW sales teams to create a new force of 62 BDMs across the country.
Withdrawal of our Buy to Let product range
We will be withdrawing all Buy to Let products today and will be launching a new range of Buy to Let products on Saturday 27 June 2009. If you would like to secure any of the current products, please ensure that any DIPs are completed via TMW Online by 3pm Thursday 25 June 2009 and progressed to full mortgage application by 8pm that day.
Changes to our product range
We will be making changes to our product range to take effect from Friday 19 June 2009. Key product changes include an increase in arrangement fees for selected Buy to Let products, and an increase in all Self Cert products by 0.25%.
Changes to our product range.
We will be making changes to our product range to take effect from Tuesday 9 June 2009.
Open to first time landlords, 2 and 3 year rates reduced
From Thursday 7 May 2009 we will be opening our doors to first time landlords, we will also be reducing selected rates on our Buy to Let range and introducing new 2 and 3 year rates for new business.
Updated Terms and Conditions
A quick reminder for you, we sent you an e-mail back in October 2008 with the updated Money Laundering terms and conditions for TMW Online. If you missed the e-mail, or did not get the chance to read it, the details are available on the link below.
BTL 5 year fixed rates launched from 5.84%
On Thursday 9 April we will be launching a selection of brand new BTL 5 year fixed rates. All other rates and lending criteria remain the same.
BTL 2 year fixed rate at 4.69% up to 70% LTV, fee 3.50%
We will be making some additions and amendments to our product range with effect from Tuesday 7 April 2009. If you would like to secure any of the current products please ensure that any DIPs are completed via TMW Online by 3pm Monday 6 April 2009.
New products available from 1pm 17 March 2009
We're sorry about the problems you may have been experiencing with TMW Online. The problems meant that we had to postpone the launch of our new products, originally due to launch on Saturday 14 March. These additions and amendments to our product range will now take effect from 1pm Tuesday 17 March 2009.
The Mortgage Works launches new fixed-rate Buy to Let products
The Mortgage Works (TMW), the specialist lending subsidiary of Nationwide Building Society, has launched several new fixed-rate buy to let products and reduced rates on some of its existing products.
The Mortgage Works launches two new Buy to Let products for the new year
The Mortgage Works (TMW), the specialist lending subsidiary of Nationwide Building Society, has launched two new buy to let products.
The Mortgage Works - Christmas opening hours
Follow the link below for the opening times for our Sales Support and Service Centre over the Christmas period. We would like to wish you all a very Merry Christmas and and a Happy New Year.
The Mortgage Works - Sales support update
The Mortgage Works Intermediary sales support line will be closed on Thursday 17 December for training and development. The 0845 601 0763 telephone number will not be available after 11.30am and lines will be open again from 9am on Friday 18 December. We apologise in advance for any inconvenience this may cause.
Guidelines for submitting light refurbishment cases
We recently launched our new BTL Light Refurbishment range, which has proven extremely popular. To help you process your Light Refurbishment cases even quicker, here are some guidelines on how to submit your cases through TMW Online.
Thank you for your continued support
We've been working hard over the past year to ensure that you receive the five star service that you would expect. When we heard that The Mortgage Works had again been awarded a coveted Five Stars in the Financial Adviser Service Awards, we were naturally over the moon. So we just wanted to say a big 'thank you' for your continued support.
The Mortgage Works - Service update
We aim to give you the best service possible, that's why we're sharing our current service levels to show you just how quickly we processed your cases during October 2009. We also have news on updated lending criteria for the types of property we'll look at.
National Postal Strike service information
Royal Mail have recently announced that no more strike action will be taken this side of Christmas, therefore from 5pm Wednesday 11 November 2009 we can no longer accept faxed paper applications.
Let to Buy - Helping your clients buy some freedom
The Mortgage Works now offer Let to Buy products, so you can give your clients the freedom to remortgage their residential property and rent it out.
The Mortgage Works - Service update
We aim to give you the best service possible, that's why we're sharing our current service levels to show you just how quickly we processed your cases during September 2009. We also have news on acceptable forms of ID.
The Mortgage Works - Top of the tree for broker satisfaction
Each quarter NMG question over four hundred unique mortgage brokers about their experiences of dealing with the UK's leading mortgage lenders. The Mortgage Works, which has consistently performed well in this study, has now achieved top spot in each of the last three reporting periods.
The Mortgage Works - Service update
We aim to give you the best service possible, that's why we're sharing our current service levels to show you just how quickly we processed your cases during August 2009. We have also produced a set-up guide for our secure email system.
2 year fixed rates now from 5.29% up to 70% LTV
From Tuesday 4 August 2009 we will be making changes to our Buy to Let product range. Key changes include rate reductions on selected 2 year fixed rates and 2 year tracker, new 18 month fixed rate products, 1 year fixed and tracker rate products up to 70% LTV now available for purchase only, and new fixed and tracker remortgage options available.
New 2 year fixed rate at 5.49% up to 70% LTV
From Wednesday 15 July 2009 we will be making changes to our product range. If you would like to secure any of the current products being withdrawn, please ensure that any DIPs are completed via TMW Online by 2pm Tuesday 14 July 2009 and progressed to full mortgage application by 6pm that day.
Change to Money Laundering Terms & Conditions
A quick reminder for you, we sent you an e-mail earlier this year with the updated Money Laundering Terms and Conditions for TMW Online. If you missed the e-mail or did not get the chance to read it, please follow the link below.
New products added to 1 and 2 year BTL range
From tomorrow we will be adding new products to our 1 and 2 year Buy to Let range, including a full range of 2 year fixed rates, a new 1 year tracker, and more.
Another Best Buy to Let award for TMW!
The Mortgage Works scooped the Best Buy to Let lender award at this year's Moneywise Mortgage Awards.
Launch of The Mortgage Works Managed Rate
From Thursday 30 April 2009 we will be launching a new revert rate, The Mortgage Works Managed Rate, currently at 4.69% variable. It will be the revert rate for all new business, further advance, and switcher products for single property accounts. Revert rate for applications up to Wednesday 29 April 2009 will remain unaffected.
The results are in - TMW BTL survey
This year just under 500 brokers took part in our Buy to Let survey and we’re delighted to announce the release of the findings in the new BTL survey report 2009.
TMW named 'Best Buy to Let Provider'
The Mortgage Works is celebrating after being voted best Buy to Let Provider at this year’s Business Moneyfacts Awards. In addition to picking up this highly coveted accolade, TMW was also highly commended in the Best Service from a Buy to Let Mortgage Provider category.
Reminder about Scottish valuations
We'd like to give you a quick reminder about how The Mortgage Works uses valuation reports in Scotland. We are happy to accept a valuation instructed by your client for both purchases and remortgages, which we will then transcribe, however there are a few important conditions which need to be met.
Reduction to follow on rates and ID requirements reminder
In line with the reduction in the Bank of England Base Rate that was announced last week, we will be reducing our follow on rate to 3.49% (BBR + 2.99%). This change applies to new business and will take effect from 11 March 2009.
The Mortgage Works revises range following Bank Base Rate cut
The Mortgage Works (TMW), the specialist lending subsidiary of Nationwide Building Society, has launched a new two-year fixed-rate buy to let product and reduced its five-year fixed-rate buy to let products.
Journalist?
Visit the Press Contacts page for contact details, to arrange interviews and ask for comment.
