The Mortgage Works - Product News

Our popular BTL 2 year fixed rate is back

The Mortgage Works — Wed, 29 May 2013 12:00:00 GMT

Tomorrow, we'll re-introduce our popular 2 year fixed rate (3.19% 2 year fixed rate up to 75% LTV, with a 3.50% arrangement fee), available for both first time and experienced landlords. We also have a reminder of our criteria changes effective from 17 May.

Product and criteria changes

The Mortgage Works — Thu, 16 May 2013 12:00:00 GMT

From Friday 17 May, we'll be making some important changes to our Buy to Let products and criteria. First Time Landlords will now be able to choose from our standard BTL product range up to 75% LTV, with rates starting from 2.74%, we're also introducing new 2, 3 and 5 year fixed rates with £995 fee and making changes to criteria on affordability and other areas.

Product withdrawals

The Mortgage Works — Mon, 25 Feb 2013 12:00:00 GMT

With effect from Tuesday 26 February 2013, we'll be withdrawing the following products from our Buy to Let range: B22624 3.19% 2 year fixed up to 75% LTV, B03761 3.99% 3 year fixed up to 65% LTV, B19473 4.29% 5 year fixed up to 65% LTV and B07894 2.99% 2 year tracker up to 75% LTV.

Buy to Let rates reduced by up to 0.80%

The Mortgage Works — Thu, 17 Jan 2013 12:00:00 GMT

We're pleased to announce some exciting changes to our Buy to Let product range. With effect from Friday 18 January 2013 we'll be reducing rates by up to 0.80%, as well as introducing a new range of £995 fee products across 2, 3 and 5 year product terms and extending end dates across all products.

Buy to Let and Guarantor end dates extended

The Mortgage Works — Mon, 26 Nov 2012 12:00:00 GMT

With effect from Tuesday 27 November, we'll be extending end dates on our Buy to let and Guarantor product ranges. You can secure any of the current products available via TMW Online or TMW MTE by completing a DIP before 1pm today. Any DIPs must be progressed to full mortgage application by 8pm on 26 November 2012.

New BTL 2 year fixed rates from 2.99%

The Mortgage Works — Fri, 05 Oct 2012 12:00:00 GMT

We're pleased to announce some exciting improvements to our BTL product range, including new competitively priced products at 60% and 75% LTV, launching on Monday 8 October 2012. Keep reading for full details, to see the new range and to download your copy of the BTL product guide.

TMW Residential Further Advance product withdrawal

The Mortgage Works — Thu, 04 Oct 2012 12:00:00 GMT

With effect from Thursday 11 October 2012, we'll be withdrawing product A02290, Residential Further Advance, 2 year fixed, 3.79%. There is no booking system in place for this product. If you would like to secure this product please submit paper applications postmarked up to Wednesday 10 October 2012.

End dates extended & changes to our Guarantor range

The Mortgage Works — Thu, 20 Sep 2012 12:00:00 GMT

With effect from Friday 21 September, we'll be making the following changes to our product ranges: End dates extended on all BTL and Guarantor products, Guarantor tracker rates increased by 0.15% and Ltd Liability Guarantor 2 year tracker at 3.74% (Product code GL7067) will be withdrawn.

End dates extended & changes to our Guarantor products

The Mortgage Works — Tue, 17 Jul 2012 12:00:00 GMT

With effect from Wednesday 18 July, we'll be extending end dates on all BTL and Guarantor products and increasing Guarantor tracker rates by 0.10%. Please note no other products will be affected by this change.

End dates extended on our BTL and Guarantor ranges

The Mortgage Works — Wed, 30 May 2012 12:00:00 GMT

With effect from Thursday 31 May, we're extending end dates on BTL and Guarantor new business products, and all existing customer product ranges. Maximum loan size per property adjusted to £500,000 on selected Let to Buy, First Time Landlord, Light Refurbishment, and HMO products.

New and improved BTL products launching tomorrow

The Mortgage Works — Wed, 02 May 2012 12:00:00 GMT

With effect from 3 May 2012 we'll be launching new 2 year fixed BTL products and improving selected rates by up to 0.25%. Keep reading for more details on these changes and check back tomorrow morning for your copy of the latest BTL product guide.

Changes to our Guarantor and existing Residential customer product ranges

The Mortgage Works — Tue, 24 Apr 2012 12:00:00 GMT

With effect from 25 April 2012, all end dates across our TMW Guarantor ranges will be extended. End dates will also be extended on our existing customer Residential ranges, with selected rates increased. There are no changes to our Buy to Let product ranges.

Exciting new BTL products launching tomorrow

The Mortgage Works — Thu, 19 Apr 2012 12:00:00 GMT

From 20 April 2012 we'll be launching new ERC free trackers from 3.64% and making numerous rate improvements across the current range. Follow the link below for more detail.

Residential Further Advance and Guarantor ranges

The Mortgage Works — Tue, 20 Mar 2012 12:00:00 GMT

From Wednesday 21 March 2012 we will be making changes to our Residential Further Advance and Guarantor ranges.

3.99% 2 year tracker up to 75% LTV launches tomorrow

The Mortgage Works — Thu, 15 Mar 2012 12:00:00 GMT

From 16 March 2012 we'll be launching new BTL products including a BTL Lifetime Variable at 4.99%, and making rate improvements across the current range; with additional cashback options now available on selected products and selected rates reduced by up to 0.60%.

And now for something completely different...

The Mortgage Works — Mon, 15 Aug 2011 12:00:00 GMT

From tomorrow, 16 August, we'll be improving our rates and making some innovative changes to TMW Residential including 20% overpayment allowance on all products, exclusively available to intermediaries.

Changes to our Buy to Let range and criteria

The Mortgage Works — Thu, 11 Aug 2011 12:00:00 GMT

From 12 August 2011, we will be making some changes to our BTL range including new criteria for Let to Buy applications, extended end dates and additional products available to Foreign Nationals.

Great new rates from TMW Residential

The Mortgage Works — Thu, 14 Jul 2011 12:00:00 GMT

From 15 July 2011 our Residential range will be changing with improvements made to selected fixed and tracker rates and new products introduced including including Capped Trackers from 2.69%.

New and improved products

The Mortgage Works — Tue, 12 Jul 2011 12:00:00 GMT

From 13 July 2011 our Buy to Let product range will be enhanced with the launch of new 2 year tracker rates starting from 2.99% and reductions of up to 0.40% across the existing range of 2 year fixed and tracker products.

Improvements to TMW Residential products

The Mortgage Works — Thu, 09 Jun 2011 12:00:00 GMT

From 10 June 2011, our Residential and Guarantor ranges will be simplified and our rates improved. Additions to our range include capped trackers; as well as remortgage products with free standard valuations and £250 cashback. Follow the link below for key changes and new product information.