BM Solutions has reduced rates across its two, three, and five year buy-to-let and let to buy fixed and tracker rate product ranges by up to 0.5 percentage points.
Key changes include:
Two-year fixed and tracker rate buy-to-let and let to buy products:
- 0-75% LTV 2 year fixed rate buy-to-let and let to buy products have been reduced by 0.3 percentage points with rates from 3.44% (£1,495 fee).
- 0-75% LTV 2 year tracker rate buy-to-let and let to buy products have been reduced by 0.3 percentage points with rates from 3.34% (£1,495 fee).
Three-year fixed rate buy-to-let products:
- 0-60% LTV 3 year fixed rate buy-to-let products have been reduced by 0.1 percentage points with rates from 3.39% (£995 fee)*. Offer includes £250 Cashback.
- 60%-75% LTV 3 year fixed rate buy-to-let products have been reduced by 0.2 percentage points with rates from 4.39% (£995 fee). Offer includes £250 Cashback.
Five-year fixed rate buy-to-let products:
- 0-60% LTV 5 year fixed rate buy-to-let products have been reduced by 0.2 percentage points with rates from 3.59% (£1,495 fee)*. Offer includes £250 Cashback.
- 60%-75% LTV 5 year fixed rate buy-to-let products have been reduced by 0.5 percentage points with rates from 4.24% (£1,495 fee). Offer includes £250 Cashback.
Phil Rickards, head of BM Solutions, said: “The buy-to-let and let-to-buy markets have had a strong first quarter and we have seen strong rental demand underpinned by steady house prices.
“This set of rate reductions provides further support to those landlords looking to switch their existing mortgage simply, quickly and cost-effectively.”