The Mortgage Lender has launched a limited edition £100m five-year fixed buy to let product with reduced rates starting at 3.56 per cent for a mortgage at 75 per cent loan to value.
The tranche, for individual and Limited Company applicants, is available to the whole of market and also offers a reduced completion fee of 1 per cent, down from 1.5 per cent.
The Mortgage Lender sales director Steve Griffiths said: “After the success of our limited edition buy to let tranche at the end of last year it’s clear brokers are looking for products that stand out from the crowd to meet the needs of their landlord clients.
“Developed alongside our broker partners the latest buy to let tranche has reduced fees and rates among the most competitive in the market. It is also backed by our reputation for underwriting the more complex cases in the specialist lending sector.”
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