Mortgage customers might be buoyed by the news that the Mortgage Works (TMW) has improved its residential home loans line-up.
The firm revealed that it has made a number of enhancements to its offerings, including reductions of up to 0.8 per cent on trackers and up to 0.95 per cent on fixed-rate deals .
Additionally, it has introduced a number of new products to its range, which will be available to customers from today (July 15th).
There are rate improvements across all tracker deals and certain two, three and five-year fixed-rate mortgages .
TMW has also added new five-year fixed-rate offerings for both purchase and remortgage customers, while the Advance range will now offer products with up to 85 per cent loan-to-value .
“These improvements to our residential mortgage range come hot on the heels of the improvements we made to our buy-to-let range earlier this week,” explained TMW head of product management and pricing Tracie Pearce.
Those improvements included the launch of a new two-year tracker deal starting at 2.99 per cent and reductions of up to 0.4 per cent across the existing range of two-year fixed and tracker products.