Specialist buy-to let-lender Rely, part of OSB Group, has reduced rates by up to 25bps across its range.
The reductions apply to selected one, two and five-year fixed rate products for small landlords and two-year fixed products for medium and large landlords.
The latest cuts span both single family let and complex property products. Rely’s recently launched limited edition range for landlords with three or fewer mortgaged properties also benefits from the latest reductions.
Highlights of the range include a one-year fixed rate at 75% LTV, down to 3.83% with a 3% fee.
Two and five-year fixed rates at 55% LTV have reduced to 3.51% and 4.68% respectively, both with a 5% fee.
Adrian Moloney (pictured), group lending distribution director at Rely, said: “These latest reductions further strengthen our buy-to-let proposition and provide brokers with even more competitive options for landlords looking to purchase or refinance.
“Whether supporting straightforward buy-to-let cases or more complex property transactions, we remain committed to delivering competitive products backed by the service, expertise and support brokers expect from Rely.”