The Mortgage Works has slashed buy-to-let mortgage rates by up to 0.35% – meaning you could save money.

From Thursday 26th September, new customers can snap up a range of fixed-rate deals for both purchases and remortgages, with rates starting from a tempting 3.49%.

Here’s the lowdown on the top deals:

• Five-year fixed rate: Secure a rate of 3.69% with a 3% fee. This deal is available for loans up to 65% loan-to-value (LTV), meaning you’ll need a larger deposit. This rate has been reduced by a not-to-be-sniffed-at 0.10%!
• Two-year fixed rate: Grab a rate of 3.99% with a £3,995 fee. This deal is also available for loans up to 65% LTV. This rate is down by 0.35% – a serious saving!
• Five-year fixed rate: Prefer the security of a longer-term fix? This 3.99% rate with a £3,995 fee could be the one for you. It’s also available for loans up to 65% LTV and has been reduced by 0.15%.

Joe Avarne, from The Mortgage Works, reckons these cuts will be a boon for landlords, saying: “These latest reductions will help widen market access for buy-to-let investors.”