The Mortgage Works has released a product update. For their latest products visit the product page on their website or the news section of their intermediary website. A summary of the changes is below. Contact us for more information.
TMW Announcement
Rate reductions
From tomorrow, Wednesday 17 June, we’ll be making selected rate reductions of up to 0.26% across our New Business and Existing Customer product ranges.
Download our New Business or Existing Customer product guide or visit our website for full details.
We have increased the portfolio landlord stress rate from 4.75% to 5.00% for existing portfolios.
