remortgage with bmi
The Mortgage Works (TMW) Mortgages
TMW Remortgage
Remortgaging with The Mortgage Works (TMW) could be a beneficial step if you’re looking to reduce your monthly payments, secure a more competitive interest rate, or release equity tied up in your property. TMW is a specialist lender with a strong reputation in the buy-to-let market, offering a range of flexible and competitive remortgage products tailored to both individual and portfolio landlords, as well as some residential borrowers.
At BMI Money, we take the time to understand your circumstances and guide you through TMW’s options to help you make a confident and informed choice. Whether your current deal is ending or you’re simply exploring better financial solutions, our expert advice and personalised support can make the process smooth and stress-free.
the differences
What makes TMW Mortgages Different?
Specialist in Buy-to-Let Mortgages
The Mortgage Works focuses heavily on the buy-to-let market, offering tailored products for individual landlords, limited companies, and portfolio investors. Their understanding of landlord needs means more flexible criteria, including options for first-time landlords and those with complex property portfolios.
Flexible Lending Criteria
TMW offers a more adaptable approach compared to many high street lenders. They consider a wider range of applicant circumstances, including varying income sources, credit profiles, and non-standard property types—making them a strong choice for borrowers who may not fit traditional lending moulds.
Competitive Product Range
With a variety of fixed and tracker rates, fee-free options, and cashback incentives, TMW provides choice and value. Their mortgage products are designed to meet diverse needs, whether you’re remortgaging for a better rate or releasing equity from your property.
3 Steps to Remortgaging with The Mortgage Works
Follow these three simple steps to obtain a LendInvest mortgage:
1
Assess Your Situation
Start by reviewing your current mortgage deal, remaining term and equity position. Consider your goals—such as reducing monthly payments, freeing up funds, or securing a better rate. At BMI Money, we’ll help analyse your financial standing and objectives.
2
Explore TMW's Options
BMI will present you with TMW’s tailored remortgage products—ranging from fixed and tracker rates to fee-free and cashback deals. Our expertise ensures that we match you with the most suitable option, whether you’re a landlord or a residential borrower.
3
Application and Completion
Once you decide, BMI Money supports you throughout the application process: submitting documents, liaising with TMW, and handling the legal formalities. We’ll guide you to completion, ensuring a smooth transition from your existing lender to your new TMW mortgage.
Pros & Cons of
The Mortgage Works Mortgages
Pro: Competitive Rates and Incentives
TMW offers competitive interest rates, with options that include cashback, free valuations, and fee-free deals, making them attractive for cost-conscious borrowers.
Pro: Flexible Lending Criteria
TMW are more open to non-standard circumstances—such as complex income, limited company structures, and non-traditional properties—compared to many mainstream lenders.
Pro: Specialist Buy-to-Let Expertise
TMW has a strong reputation in the buy-to-let sector, offering a wide range of products for individual landlords, limited companies, and portfolio investors.
Con: Limited Residential Offering
TMW primarily focuses on buy-to-let mortgages, so their residential range is limited. They may not be suitable for standard homebuyers or movers.
Con: No Direct Applications
TMW only accepts applications via intermediaries, so borrowers must go through a broker like BMI Money—there’s no direct access for consumers.
Con: Strict Portfolio Landlord Rules
For landlords with four or more properties, TMW applies more detailed underwriting, which can involve more documentation and stricter affordability checks.
apply today
Take Action with BMI Money
At BMI Money, we specialise in finding the right mortgage solutions for every client, including expert guidance on The Mortgage Works (TMW) products. Whether you're a first-time landlord or managing a growing portfolio, our tailored advice, market insight, and hands-on support simplify the remortgaging process.
Get Started Today
BMI will help you navigate TMW’s options to secure the deal that best fits your goals. Don’t leave it too late—contact BMI Money today and take the next step towards a better mortgage.
FAQ
about
TMW Mortgages
Who are The Mortgage Works (TMW)?
The Mortgage Works is a specialist mortgage lender and part of Nationwide Building Society, focusing primarily on buy-to-let mortgages for landlords and limited companies.
Can I apply for a TMW mortgage directly?
No, TMW only accepts applications through authorised mortgage intermediaries. At BMI Money, we’re approved to advise and submit applications on your behalf.
What types of mortgages does TMW offer?
TMW offers a range of buy-to-let mortgages, including fixed-rate, tracker, limited company, and portfolio landlord options. Some products may also offer fee-free deals or cashback incentives.
Does TMW offer residential mortgages?
TMW’s main focus is on buy-to-let lending. If you’re looking for a residential mortgage, BMI Money can help find the right lender and product for your needs.
What’s the minimum deposit required for a TMW mortgage?
Typically, TMW requires a minimum deposit of 25% for buy-to-let mortgages, but this may vary based on the product and applicant profile.
Can first-time landlords apply with TMW?
Yes, TMW offers products for first-time landlords. BMI Money can assess your situation and help you understand if you’re eligible and which product suits you best.
What is TMW’s policy for portfolio landlords?
TMW defines a portfolio landlord as someone with four or more mortgaged properties. They apply more detailed underwriting, which BMI Money can help manage and streamline.
How long does the remortgage process take with TMW?
Remortgaging with TMW typically takes 4–8 weeks, depending on the complexity of your case. BMI Money will keep you updated and handle the process efficiently from start to finish.
Why should I use BMI Money for a TMW mortgage?
BMI Money offers expert advice, personalised service, and full support throughout your mortgage journey. We ensure you understand your options and secure the most suitable TMW deal.
