The steepest rate of house price inflation was found in the North West.

The North East has performed particularly well achieving a double-digit yield in the second quarter of this year.

Rates have reduced by up to 0.43%.

Rates on five-year fixed-rate buy-to-let mortgages start at 4.60%.

Borrowers can now select a single law firm to act on behalf of both themselves and LendInvest.

Alongside the rate reductions, the lender has also announced the launch of a new two-year, fixed-rate product for Professional borrowers.

The specialist lender has also launched a new limited edition buy-to-let product on a 5-year fixed term of up to 65% LTV.

The £15.7m acquisition loan was to assist a borrower to fund the purchase of an office in Farringdon, London.

Tenants in situ present several opportunities for buy-to-let investors

Following the reductions, rates on selected products will start at 4.99%