The average two-year fixed buy-to-let rate has dropped below 5% for the first time since September 2022.

The new range is open to individual and limited company borrowers.

UK 5-year fixed rates now start from 4.44%, with HMO and MUFB pricing from 3.03%.

Rely’s platform aims to cut overall application processing time by at least 25%.

A revised 4.87% rate is available for two-year remortgages up to 80% LTV

In addition to the rate reduction, the lender will now also contribute £500 towards legal costs for bridge-to-let loans.

The deal marks the bank’s first direct loan in the social housing space.

Foreign nationals can borrow up to £20m at 75% LTV

60% believe property is a good route to long-term wealth.

Landlords in the West Midlands faced the highest increase in void-related losses, up £191 year-on-year.