The lender's recently changed criteria include a reduction in the minimum age required and a lower minimum income.

2-year fixes now start from 3.49%

The lender has also made rate reductions of up to 17bps across its CHL1 range

Rates now start from 3.34% - the lender's lowest rate since May 2022

The latest research from Octane Capital looked at current buy-to-let mortgage rates and the change seen over the last year.

The new lender, which distributes exclusively via intermediaries and was created by UK digital bank, Chetwood Bank, has become the latest addition to Paradigm's lending panel.

Rates have been reduced across the lender's complex buy-to-let, bridging and Bridge Fusion ranges.

Applications for semi-commercial and commercial property purchases among landlords made up a greater share of total activity, according to new internal data from Shawbrook.

The move will enable intermediaries from PRIMIS to access bridging loans and buy-to-let mortgage products from Market Financial Solutions.

The new specialist buy-to-let mortgage lender from Chetwood Bank, has officially launched today following a ‘controlled launch’ in October 2024.