The reductions across 80 per cent LTV products include a five year fixed-rate reduced to 3.95 per cent from 4.09 per cent and a five year fixed-rate 80 per cent LTV green mortgage (available for EPC A-C properties) reduced to 3.85 per cent from 3.99 per cent.
Both of these products incur nil product fee and include a free valuation and £350 cashback.
The reductions across 75 per cent LTV products include a five year fixed-rate reduced to 3.15 per cent from 3.35 per cent and a five year fixed-rate green mortgage (available for EPC A-C properties) reduced to 3.05 per cent from 3.25 per cent.
Product fees for the 75 per cent LTV deals are charged at £1,995 and both products feature free valuations, no application fees and £750 cashback.
Moray Hulme (pictured) mortgage sales director, said: “Landlords are looking to add to portfolios to satisfy growing levels of tenant demand.
“We have re-priced some of our rates to provide investors with some competitive mortgages at 75 per cent and 80 per cent LTV.”
The products, for professional BTL landlords with four or more mortgaged BTL properties, are available for those operating as limited companies or individuals. They are suitable for financing houses in multiple occupation (HMOs), single self-contained units (SSCs) and multi-unit blocks (MUBs) as well as holiday let properties.