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The Mortgage Works will reduce charges by as much as 30 foundation factors throughout chosen buy-to-let merchandise for brand spanking new prospects with charges ranging from 3.24% on Saturday (15 March).
The Nationwide’s BTL arm says highlights of its new enterprise decreased charges embody:
BTL — two-year fixes, buy and remortgage, at 3.24%, with a 3% payment, accessible as much as 65% mortgage to worth, down by 15bps
BTL — two-year fixes, remortgage solely, at 3.54%, with a 3% payment, accessible as much as 65% LTV, down by 20bps
BTL — two-year fixes, remortgage solely, at 4.84%, with no payment, accessible as much as 65% LTV, down by 30bps
The Mortgage Works senior supervisor Joe Avarne says: “With charges ranging from 3.24% these newest reductions from The Mortgage Works will assist widen market entry for BTL buyers.”
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