Nationwide's buy-to-let arm, The Mortgage Works, has
slashed mortgage rates and launched the first ever five-year fixed rate for
landlords below 2 per cent. The deal is priced at 1.99 per cent for five years
and requires a 50 per cent deposit or equity in the property. It comes with a
hefty £1,995 fee. Rates for the zero fee version of the deal start at 2.39 per
cent. The lender - one of the UK's biggest buy-to-let mortgage providers - has
also cut rates across its buy-to-let range by 0.15 percentage points and
launched a fee-free two-year fixed rate at 2.14 per cent. Read more on the
Daily Mail website.
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