The Mortgage Works has launched two buy-to-let products for limited companies, while cutting selected limited company rates by up to 15 basis points.

The specialist lender’s two new loans are a two-year fixed-rate deal at 75% loan to value at 3.49%, with a 2% fee. It is available for purchase, remortgage and further advances and comes with free standard valuations.

It also debuts two-year fixed-rate offer at 75% LTV at 3.74%, with a 2% fee. This is available for remortgage and comes with free standard valuations/legal fees.

The firm’s rate reduction include:

A two-year fixed-rate loan at 75% LTV at 3.99%, with a £1,995 fee

A two-year fixed-rate offer at 75% LTV at 4.09%, with a £995 fee

A five-year fixed-rate deal at 75% LTV at 3.84%. with a £1,995 fee

And a five-year fixed-rate loan at 75% LTV at 3.89%, with a £995 fee

The lender, which is an arm of the Nationwide Building Society, says the above loans are available for purchase and remortgage with other rate/fee combinations available.

The Mortgage Works head Daniel Clinton adds: “Many landlords are choosing to manage their portfolio through a limited company.

“By expanding our range of mortgages on offer to these landlords and making reductions to our rates, we are demonstrating our support for this important and growing segment of the market.”