Specialist finance lender MT Finance has announced that it has reduced rates across its buy-to-let mortgage range and is now offering a product with an interest rate below 3%. 

MT now offers rates starting from 2.99% for its two-year fixed standard residential buy-to-let Tier 1 product – down from the previous rate of 3.19% and 3.65% for its two-year fixed standard residential Tier 2 product. ICR stress testing remains competitive at 125%.

The headline rate, now falling below the 3% threshold, offers a compelling opportunity for landlords seeking to maximise their investment returns, reinforcing MT Finance’s commitment to providing competitive and attractive financing options for the market.

“We are delighted to introduce this significant rate reduction, now offering a buy-to-let product with a rate below 3%,” said Marylen Edwards, director of mortgages at MT Finance, “At a time when landlords and property investors are seeking value and stability, breaking through the 3% barrier reflects our confidence in the market.”