TMW  Mortgage Rates.

‘The Mortgage Works’ or TMW is owned by the Nationwide building society. TMW has a strong share in the buy to let market lending. TMW buy to let mortgage rates are competitive and their lending criteria makes them one of the main buy to let lenders.

TMW Buy to let rates for first time landlord or portfolio landlord offers different options from fixed fees to no fees.

In this guide we will look at the different rates offered by TMW and some commonly asked questions about a TMW mortgage.

TMW 2 years mortgage rates for existing customers. 

When your current mortgage deal with TMW is coming to an end, you can select a new deal from TMW’s latest deals.

TMW Mortgage Rates for Existing Customers range from 55 % to 80%.

The TMW rates for existing customers rage is very competitive. TMW existing customers rate switch  guide explains step by step process.

TMW 5 years mortgage rates for existing customers.

TMW 5 years fixed rates  for existing customers offers long term fixed mortgage payments option for landlords. TMW 5 years rates comes with fixed fee option to no fees. We have added  some of the TMW 5 years fixed rates.

The TMW 5 years  rates for existing customers correct on  Nov 2025.

Early repayment charges (ERC) are 5% in the first year and then followed by 4%,3%,2%,1% in the following years.

Some FAQS about TMW mortgages rates.

How To switch a TMW mortgage ?

A TMW mortgage switch for existing customers can be very easy and straight forward . We at Marianna FS provide a TMW buy to let mortgage switch service without charging any broker fees.

As an existing customer TMW allows you to change rates online. However, this can be confusing with many rate choices to choose from. To secure TMW’s best mortgage rates speak to our  mortgage adviser.

What’s details do I need to change to a TMW Mortgage Rate?

To start with a TMW mortgage rate switch all you need is:

• Your mortgage number which can be found on your mortgage statement.
• Your Date of birth .
• Bank direct debit details such as a sort code and the account number you take payments from.
• Or your monthly mortgage payments with the exact amount in pounds and pence.
Once you have collected all the details you can get started with your TMW mortgage switch application with us.

When can I switch TMW mortgage?

A TMW mortgage switch application can be submitted 13 weeks in advance before you want your new mortgage to start. If the mortgage offer is accepted at least 5 days before the current mortgage deal finishes, the new rate will start on the first of the following month.

Above are examples of the rate switch windows. But, if you want to move from a tracker rate mortgage to a fixed rate then it can be done instantly on the chosen day.
We are here to help you with TMW mortgage switch without charging broker fees. Click here to get started

What kind of mortgage rates does TMW offer?

TMW offers the following mortgage rates:

Standard buy to let Mortgage for a first-time Landlord.

TMW offers first time landlord buy to let mortgage rates with fees and no fees option.

TMW HMO Mortgage Range.

TMW offers HMO Mortgage rates for landlords who wants to rent rooms  for 2 or more people from a different household.

TMW buy to let mortgage for a portfolio landlord.

TMW portfolio landlord range is suitable for Landlords with  4 or more properties.

TMW Limited company buy to let mortgages.

TMW Company buy to let mortgage offers great product range for those who wants to buy property under limited company name.

TMW Let to Buy mortgage.

TMW let to buy mortgage is for those when the client wants to rent their current home and buy a new to live in.

What Happens After Your TMW  Fixed Mortgage Term Ends?

At the end  of your fixed rate mortgage your current mortgage will shift to higher interest rate called standard variable rate. TMW will write to you about your remortgage options with TMW.

Engaging with mortgage broker before the fixed term mortgage end can help you to secure the better mortgage rates by comparing TMW mortgage rates.

Why Choose MariannaFS as Your Fee-Free Mortgage Broker for TMW Mortgage Broker?

MariannaFS  Expertise with TMW Mortgage Products and criteria will make your application a lot faster. Our broker can handle your TMW mortgage start to finish with out compromising service.

MariannaFS offer Fee-Free mortgage advice Service and we have excellent client feedback over 486 five star reviews.

MariannaFS offers  Personalised Advice as per borrowers circumstances. If you first time landlord or remortgaging your portfolio Talk To Us and see how we can help.

TMW  Buy To Let  Tracker rate mortgage.

Tracker rate early repayment charges (ERC) are 0.75% for the first year followed by 0.5% in second year. A TMW tracker has the benefit of breaking their term & switching to a fixed rate.

TMW 2 years fixed mortgage rates

TMW 5 years fixed mortgage rates.

Below are the TMW fixed mortgage rates for BTL purchases.

We have a handy rate tool to check live rates from TMW.

Just update your loan amount and term to get an up to date result.

TMW company Buy To Let mortgage rates .

What are the key criteria for a TMW mortgage Rates?

We have highlighted some of the criteria needed for TMW mortgages. Other conditions may apply.

Applicants

TMW accepts a maximum of 2 applicants per application. This is including first time landlord mortgages. Applicants must be UK residents and have 3 years of UK address history.

Age

The minimum age required for a TMW mortgage application is 21 with maximum age of 70 years. Experienced landlords do not have a maximum age limit if they have a deposit of 35% the property price.

Income

TMW does not have a minimum income requirement. TMW accepts mortgage applications from self employed and employed clients.

Deposit

The minimum deposit required is 20% for a TMW mortgage application but if the property’s EPC rating is D or E then only a 25% deposit is needed.

Term

A TMW mortgage term can be from 5 years to 35 years at a maximum .

Tenants

TMW does not allow a buy to let application if an applicant or their family member is also going to live in the property they are buying or remortgaging.

Property

TMW do not lend on a property which is not habitable and for a residential letting purpose only. The lender can accept a new build property application but requires a 35% deposit for flats and 25% deposit for houses. For a studio flat the minimum floor area should be 30 square meters and it should have a seprate bathroom.

This is some of the KEY Criteria TMW will look at for an application. TMW may require more information depending on the mortgage application.

Want to know if you qualify for TMW rates ? Talk to our Team.

Related Mortgage Guides.

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Halifax mortgage rates

TMW Product Transfer 

Natwest mortgage rates

Santander mortgage rates.

Compare remortgage rates.