Specialist lender The Mortgage Lender has reduced rates across its buy-to-let product range by as much as 0.4 per cent.
The cuts have been applied to two and five-year fixed rates and the changes apply from today.
Its fee-saver remortgage product at 75 per cent LTV has fallen by 0.4 per cent to 5.79 per cent. It has minimum loan of £75,000, £250 cashback and one free standard valuation.
Its five-year fixed rate at 75 per cent LTV in its buy-to-let core range has decreased by 0.2 per cent, bringing its deal with a five per cent fee down to lowest initial rate of 4.64 per cent.
Houses in multiple occupation (HMO) products have gone down by 0.25 per cent and its two-year fixed rate deal has decreased by 0.2 per cent and starts from 5.29 per cent.
David Eaves (pictured), head of sales at The Mortgage Lender comments: “At a time of continued cost of living pressures and affordability challenges, we recognise all are looking for the best option available on the market to suit their circumstances. We’re pleased to announce that we’ve made further reductions across our buy-to-let product range.
“We continue to focus on providing our broker partners access to competitive mortgage deals and the ability to offer their clients appealing products. By deciding to progress with this latest re-price, we highlight our aim to support our brokers and their clients in achieving their property ambitions and to lend for real life.”
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
