Leeds Building Society is now offering a five-year fixed rate buy-to-let mortgage at 4.99%.
It is available up to 70% LTV, allows 10% capital repayments each year without penalty and there is no higher lending charge.
There is also a fixed fee of £1,299.
Previously, the Leeds had higher versions available at 5.69% up to 60% LTV and 5.99% up to 65% LTV, but its standard, lower rate of 4.99% can now be obtained up to 70% LTV.
Phil Coombes, Leeds Building Society’s head of intermediary sales, said: “We have delivered certainty and peace of mind