The Mortgage Works has announced rate cuts across a range of their buy-to-let mortgages, making it cheaper than ever to expand your property empire.

Starting today (3rd October), both new and existing customers can take advantage of these deals.

New Customer Deals:

• Two-year fix at 3.59%: This remortgage deal, with a 3% fee, is available up to 65% Loan-to-Value (LTV) and has been slashed by a tasty 0.25%.
• Two-year fix at 3.84%: Also for remortgages up to 65% LTV, this option comes with a £3,995 fee and has also been reduced by 0.25%.
• Five-year fix at 3.79%: Looking for a longer-term deal? This remortgage option, available up to 75% LTV, has a 3% fee and has been trimmed by 0.10%.

Existing Customer Switching Deals:

• Two-year fix at 3.84%: This deal, available up to 65% LTV, has a £3,995 fee and has been given a whopping 0.55% reduction – the biggest saving on offer!
• Two-year fix at 3.59%: Also up to 65% LTV, this option boasts a 3% fee and a handy 0.20% reduction.
• Five-year fix at 3.74%: For those who like the security of a longer fix, this deal, available up to 65% LTV, comes with a 3% fee and has been lowered by 0.10%.

Joe Avarne, a senior manager at The Mortgage Works, explained that these rate cuts are designed to make their products even more attractive to landlords, both new and old. So, if you’re thinking about remortgaging or adding to your portfolio, now might be the perfect time to strike while the iron is hot!