The lender has reduced selected two and five year fixed rates, with the lowest rates available alongside a 7% product fee.

Hampshire Trust Bank completed the £473,000 refinance 13 days after offer.

Kensington’s 75% LTV buy-to-let rates now start from 3.69% on a two-year fix in its Prime range, with a 5% fee.

Glenhawk lent at 75% loan-to-value against the Southampton property, with a second charge at 70% on the borrower’s main residence.

TAB underwrote the loan on market rent rather than the higher passing rent paid by a related-party commercial tenant.

Just 29.9% of Cardiff’s rental stock is listed below the city’s average rent, the lowest share of the 15 cities analysed.

A basic-rate landlord with about £12,100 in rental profit would pay £2,904 in tax rather than £2,420.

83% of landlords expect vacant-property risks to increase over the next two years.

Annual house price growth turned to a 1.2% decline, the biggest fall since October 2023.

The former Upper Bank Works building will be converted into rental homes, with the £1.43m bridge funding refurbishment works.