Coventry for intermediaries has cut selected buy-to-let mortgage rates by up to 10bps and residential rates by up to 12bps, with several new deals targeting first-time buyers.
Kensington Mortgages has cut BTL mortgage rates by up to 0.35% and extended free valuations to its full residential range in a double update effective 1 June.
ModaMortgages has added limited edition five-year fixed rate buy-to-let products to its range, with rates starting from 5.14% and free valuations across the board.
Paragon Bank has overhauled its buy-to-let further advance proposition, cutting rates by 20bps, reducing the minimum loan to £2,000 and migrating applications onto a faster...
Leeds Building Society has reduced buy-to-let mortgage rates by up to 0.22%, with its five-year fixed BTL product now priced at 4.67%, down from 4.89%.
LHV Bank has completed two specialist buy-to-let transactions worth around £22m, backing the acquisition of 253 residential properties held across two SPV companies.
Roma Finance has completed a £1.3m buy-to-let refinance across two investment properties in six days, helping borrowers avoid penalty charges on an expiring development exit...
Buy-to-let investment has reached its highest share of purchases since 2016, with a record proportion of landlord acquisitions coming from other landlords exiting the sector.