"The buy-to-let sector continues to weather a number of headwinds, yet despite this it remains one of the most resilient sectors"
Two-year fixed rates are reducing to 1.40% with a £1,995 product fee at 60% LTV, and 75% LTV rates have been cut to 1.67% with a £1,995 product fee, 1.78% with a £995 product fee, and 2.30% with no product fee.
Additionally, all buy-to-let end dates are rolled forward to 30th November 2020 for two-year products and 30th November 2023 for five-year products.
Catherine More, head of mortgages at Sainsbury’s Bank, said: “The buy-to-let sector continues to weather a number of headwinds, yet despite this it remains one of the most resilient sectors, providing tenants with much-needed homes.
“We believe brokers have a vital role to play in giving customers access to a wider range of lenders and financing options and that this is helping to ensure the buy-to-let market continues to thrive and grow.”
