New data from Reapit suggests that retirees could benefit from a National Insurance exemption on rental income, making buy-to-let investment more attractive for older landlords.

All 2-year fixed BTL rates have been reduced by 10bps to a new low of 3.14%.

Selected two-year fixed Specialist, Holiday Let, and Ex-pat products also received a 10bp reduction.

The new holiday let range expands Vida’s specialist BTL offering.

The lender's Premier like-for-like 2-year fixed rate remortgage is offered at 4.49% with a maximum 75% LTV.

The society's 70% LTV expat BTL product has been reduced by 81bps, now 5.59%.

Redwood has reduced stress rates across residential BTL and commercial mortgage products.

Millennials are projected to establish 33,395 buy-to-let companies in 2025, a 142% increase since 2020.

Rental yields of around 6% place Belfast above the UK average for property investment returns.

The lender has reduced rates by up to 0.15% across 2-year and 5-year BTL products.