Two-year fixed BTL rate at 75% LTV cut from 5.55% to 5.35%

£49.7 billion of fixed-rate buy-to-let mortgages will mature in the next 12 months, according to new market analysis.

The update allows overseas landlords to service interest payments directly from UK bank accounts, avoiding cross-border fees.

All three new products extend Credit Revive beyond its previous focus on residential purchase and remortgage cases.

Five-year fixed buy-to-let rates have been reduced by up to 0.70% on products up to 70% LTV.

The refinance secured a five-year fixed rate of 5.89% with no loan documents required from international shareholders.

Alongside the changes to its buy-to-let offering, the lender has also announced the launch of its new broker portal dashboard.

The five-year fixed remortgage product is now 4.96% at 75% LTV with no product fee.

Rates on two-year 75% LTV products have been cut by 10 to 25bps, with Standard and Limited Company pricing now from 3.69%.

The new product allows borrowing of up to £3 million at 70% LTV for large HMO properties.