Mortgage Works

Status Plus mortgages: these types of mortgage are available only through mortgage advisors (intermediaries). Choose from, two fixed rate mortgages (both 2 years); a 2 year discount mortgage and tracker mortgage which changes according to the Bank of England Base rate. All of these mortgages have these features:

Fees can be added to loan at outset; if so, interest is charged on them. You have the option to choose a combination of interest only and repayment. Every application is individually assessed - no credit scoring. A higher lending charge will apply if your loan is over 90% of the value of your property.

Buy to Let mortgages: choose from 2, 3 and 5 year mortgages. Each reverts to a variable rate after the fixed term has elapsed. There are two different types of 2 year discount mortgage; these revert to the variable rate after the set period. You can also get a 2 or 3 year tracker mortgage linked to the Bank of England base rate.

Every application is individually assessed - no credit scoring. The Mortgage Works are experts in handling large portfolios. It can cater for limited companies at standard rates and criteria. Experienced in lending to expatriates and Foreign Nationals living in the UK or overseas. Simplified criteria for experienced landlords speeds up the application process You can re-mortgage existing portfolios to raise capital for the purchase of additional property.

Self-Certification mortgages: these types of mortgage are developed for people who can’t necessarily prove what they earn, such as self-employed or contract workers. A declaration is required. You can choose from two fixed rate products, 2 or 5 years, which then revert to a variable rate. There are also discount and tracker mortgages available.

Fees can be added to loan at the outset; if so, interest is charged on them. An arrangement fee is applicable. You have the option to have a combination of interest only and repayment. Each application is individually assessed - no credit scoring.

If you are interested in a mortgage quotation including those offered by the Mortgage Works please complete our quick enquiry form.