The Mortgage Works

Proc fees - when your proc fee will be paid

Lenders send payments by BACS which can take anything up to 5 working days to clear at PMS. PMS then make payment to brokers once the funds have cleared in our account.  

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.