The Mortgage Works

The Mortgage Works is a subsidiary of Nationwide Building Society and has been offering mortgages for over 30 years. Decades after our first loan to a landlord, we’re still working hard to bring you the best of buy to let. A lot’s changed, but we’re still as dedicated to supporting landlords and our brokers as we’ve always been. Crafted products. Competitive pricing. Clear criteria. An enduring commitment to helping you help your clients. We work so The Mortgage Works.

Procuration Tables

Gross fee paid by lenderProcuration fee to intermediary

Buy to let                                                           0.44% 
Further advances (minimum loan £2,500)  0.44% 
Retention products                                         0.20%
Large Portfolio Product Range                      0.54%

All information correct as at 26/06/2018

Buy to let                                                               0.39%
Further advances (minimum loan £2,500)       ​0.39%
Retention products                                              0.19%
Large Portfolio Product Range                           0.49%

All information correct as at 26/06/2018


Products & Features

  • No minimum personal income requirements
  • No maximum age for Experienced Landlords at 65% LTV or less. For other applicants/LTV, maximum age at application is 70 years
  • No limit on number of properties
  • Lower rate tax payer proposition (125% interest cover ratio)
  • Buy to Let and Let to Buy products up to 80% LTV, with a range of product fees to suit your clients’ needs
  • Houses in multiple occupation (HMO) products available up to 75% LTV
  • Limited Company proposition with products available up to 80% LTV and 125% Interest Cover Ratio (170% for HMOs)
  • Portfolio landlords accepted, with no limit on number of properties held by landlord. 

Submit applications through TMW Online*

TMW Online is our online service for intermediaries providing you with everything you need to complete a fast application:

  • Product selection tools
  • Electronic decisions in principle
  • Full signature less applications
  • Electronic identity
  • Case tracking – updated every 10 minutes
  • Case cloning
  • Scan and attach documents.

*Limited Company applications can only be submitted by using our editable Limited Company application form.

Supporting you and your clients

TMW has a network of field and telephone based Business Development Managers covering the UK along with telephone based, regional Business Development Advisers committed to meeting your business needs.


Mortgage Processing
The Mortgage Works
Portman House
Richmond Hill


For enquiries

Call: 0800 545 31 31

Broker Chat is an online instant messaging service open until 6pm, Monday to Friday. It is a quick and convenient way to speak to one of our experienced advisers. You can get guidance with any of the following:

  • Lending criteria
  • Products
  • Procuration fees
  • Registrations.

Broker Chat also gives you the ability to save a record of your online conversation.