Kensington Mortgages has cut rates across its buy-to-let mortgage range by up to 0.4%.
Rates on two-year fixed rate products now start at 2.54%, while five-year fixed rate products are available from 3.64% - both at 70% loan-to-value (LTV).
Rates on 75% LTV deals have also been cut, and now start at 2.69% and 3.79% respectively.
Meanwhile, a two-year fix at 80% LTV now starts at 3.24% and 4.09% for five-year - a reduction of 0.25%.
Cuts up to 0.4% have also been applied to Kensington’s houses of multiple occupation and multi-purpose blocks buy-to-let range available across purchase and remortgage.
As part of this latest update, Kensington has also launched a new combined £250 cashback and free valuation, to sit alongside its current free legals and free valuation. This new offer is available on the residential and buy-to-let including limited company remortgages.
Craig McKinlay, new business director, Kensington Mortgages, commented: “The private rental sector is a vital part of our housing market. We’re always keen to empower landlords across the UK by increasing the options available to them.
“These rate cuts will provide buy-to-let landlords and the brokers who support them with even greater flexibility. Kensington has grown and we are committed to passing these benefits on to our customers – lending with our head and heart.”
Want to comment on this story? If so...if any post is considered to victimise, harass, degrade or intimidate an individual or group of individuals on any basis, then the post may be deleted and the individual immediately banned from posting in future.