Both BM Solutions and Kensington have overhauled their buy-to-let (BTL) mortgage range.
Deals from the specialist lenders look set to shake up the market.
Kensington has cut rates by up to 0.50%, reduced its completion fee to 2% and offered an alternative flat fee of £1,999.
Kensington's mortgages are available to both first-time and experienced landlords, with experienced landlords benefitting from no minimum income requirements and no overall portfolio limit.
Loans are available up to £1 million and two-year fixed rates now start at 4.14%.
The range includes:
* A two-year fixed rate charging 4.14% up to 70% LTV, rising to 4.34% up to 75% LTV and 5.24% up to 80% LTV.
* A three-year fixed rate charging 4.29% up to 70% LTV and to 4.54% up to 75% LTV.
Both deals have a 2% completion fee.
Alternatively, Kensington offers a two-year fixed rate charging 4.34% up to 70% LTV and 4.54% up to 75% LTV, or a three-year fixed rate charging 4.49% up to 70% LTV and to 4.74% up to 75% LTV.
Both these deals have a flat £1,999 completion fee.
Charles Morley, head of distribution at Kensington, said: "Not only have we cut our rates and completion fee, but we are also offering intermediaries greater choice for their clients. Our buy-to-let mortgages boast no minimum income for experienced landlords and no overall portfolio limit. The entire range can also be used for Let-to-Buy."
BM Solutions has launched a raft of two-year fixed rate buy-to-let deals at different LTVs.
It now offers a two-year fixed rate charging 3.59% up to 60% LTV, with a 0.5% fee. BM also offers a two-year fixed rate charging 4.19% up to 75% LTV, again, with a 0.5% fee. Both mortgages run until 31 December 2015.
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