This applies to TML’s BTL options at 75% loan to value (LTV) within its core and portfolio multi-loan offering. 

Rates have been lowered by 0.2%, including the five-year fix within its core range with a 5% fee, which has been reduced from 5.26% to 5.06%. The portfolio multi-loan option with a 2% fee has been cut from 5.92% to 5.72%. 

Additionally, its product with a £2,495 fee has been reduced from 6.06% to 5.86%. 

Steve Griffiths, chief commercial officer at TML, said: “We’re pleased to announce rate reductions across a number of our buy-to-let products. We continue to remain committed to our broker partners and our customers in offering attractive rates to borrowers, whether purchasing or remortgaging. 

“We continually evaluate our rates to support new and existing landlords, and to help brokers and their clients in achieving their property ambitions.” 

Sponsored

Introducing the Green Living Reward

Your clients can now get up to £2,000 cashback for making energy-efficient home

Sponsored by Halifax Intermediaries

In February, TML added large loan and interest-only options to its residential range.