TMW introduces new mortgage product range

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TMW introduces new mortgage product range

Prospective homeowners looking to take their first step on to the property ladder could be interested in a range of deals from The Mortgage Works (TMW).

The lender has announced plans to launch a series of new products, along with alterations to a number of residential mortgage rates.

Available to potential buyers from last Friday (June 10th ), the building society has unveiled a new two-year fixed-rate deal at 2.99 per cent, available at a 70 per cent loan to value (LTV) .

In addition, customers have been given the opportunity to select a three-year fixed-rate with 70 per cent LTV and rates of 3.69 per cent.

Tracie Pearce, head of product management at TMW, said: "We've also improved our existing products to enhance our competitive position with rate improvements and a simplified fee structure across the range."

Last month, the mortgage lender reduced insurance rates on its five-year fixed-rate products by up to 0.55 per cent, with extended end dates across a number of ranges.

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