BTL deal delivers for The Mortgage Works - Mortgages - News - Moneyfacts


BTL deal delivers for The Mortgage Works

BTL deal delivers for The Mortgage Works

Category: Mortgages

Updated: 10/05/2010
First Published: 10/05/2010

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.
The Mortgage Works has really delivered with the introduction of some new buy-to-let mortgage deals.

With new products available up to 80% loan-to-value, standing out is a 5.99% fixed rate to 31 July 2013.

It is the only three year fixed rate buy-to-let mortgage deal currently available at this loan-to-value.

A 3% fee might be slightly on the high side, but for the borrower with only a 20% deposit, the deal could be too good to refuse.

It also remains reasonably priced in comparison to the lower loan-to-value buy-to-let products available.

Four out of five Moneyfacts stars are a well deserved reward.

Find the best mortgage for you - Compare best selling mortgages

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Goodbye to the Help to Buy Guarantee

On 31 December, phase two of the Help to Buy initiative will be withdrawn from the market. It’s certainly done wonders for the high loan-to-value sector, so we thought we’d take a closer look at the significance of the scheme and the effect it’s had.

Remortgaging bounces back

Remortgaging has been enjoying a welcome boost in recent months, despite September’s slight dip, with many homeowners capitalising on record low mortgage rates to boost their finances.

Bank of Mum and Dad holds the (house) key

The Bank of Mum and Dad is an important source of finance for many young adults, and it seems that they still hold the key – in more ways than one.