Related topic: the mortgage works

Maximum overall borrowing is also increasing to £7.5 million.

The Mortgage Works is introducing a decision in principle for limited company applications.

The lender is adding free legal options for limited company buy-to-let remortgages.

Rates have seen reductions of up to 0.15%.

The buy-to-let lender has introduced a sub-4% two-year fix at 75% LTV.

The latest rate reductions cover the lender's standard and limited company buy-to-let ranges.

Standard buy-to-let switcher rates now start from 2.78%.

Rates across the lender's new and existing customer ranges have reduced by up to 0.35%.

The change will allow landlords to potentially borrow more.

The Mortgage Works has reduced buy-to-let and limited company mortgage rates by up to 0.30%.