The Mortgage Lender (TML), part of Shawbrook, has launched a new range of limited-edition buy-to-let rates and reduced pricing across its fixed-rate products by up to 0.15%.
The latest changes give brokers and landlords a wider choice of options across the lender's buy-to-let proposition, with new limited-edition products available alongside rate reductions on existing deals.
The new range includes two-year fixed buy-to-let rates starting from 3.79%. Products are available with either a 5% completion fee or a fixed completion fee option, providing additional flexibility for landlords and their advisers.
Buy-to-let rates reduced across key products
Alongside the launch of the limited-edition range, TML has lowered buy-to-let rates across its two-year and five-year fixed-rate products.
The reductions apply across the lender's wider proposition, including products designed for houses in multiple occupation (HMOs) and multi-loan customers.
The latest pricing changes follow a series of updates introduced in May. Those enhancements included further rate reductions, the launch of a limited-edition five-year fixed product and the return of selected 75% loan-to-value products.
TML said the updates form part of its ongoing efforts to provide brokers with a broad range of solutions for landlord clients operating in different areas of the market.
“These changes are designed to give brokers more options when placing buy-to-let business, with competitive pricing and greater flexibility across our range," said Louise Apollonio, sales and distribution director for retail mortgages at Shawbrook (pictured).
“The launch of new Limited-Edition products, alongside rate reductions across our fixed-rate proposition, reinforces our commitment to supporting landlords at every stage of their investment journey.
“We understand the ambitions landlords have for their portfolios and continue to evolve our proposition to help brokers deliver the right outcomes for their clients.”
The latest changes further expand TML's buy-to-let rates offering, providing additional options for landlords seeking finance for portfolio growth, refinancing and property investment opportunities.
