BM Solutions cuts rates on fixed BTL range

Headline changes include:

Two-year fixed and tracker rate Buy to Let and Let to Buy products:

• 0-75% LTV 2 year fixed rate Buy to Let and Let to Buy products have been reduced by 0.3% with rates from 3.44% (£1,495 fee)*.
• 0-75% LTV 2 year tracker rate Buy to Let and Let to Buy products have been reduced by 0.3% with rates from 3.34% (£1,495 fee)*.

Three-year fixed rate Buy to Let products:

• 0-60% LTV 3 year fixed rate Buy to Let products have been reduced by 0.1% with rates from 3.39% (£995 fee)*. Offer includes £250 Cashback.
• 60%-75% LTV 3 year fixed rate Buy to Let products have been reduced by 0.2% with rates from 4.39% (£995 fee). Offer includes £250 Cashback.

Five-year fixed rate Buy to Let products:

• 0-60% LTV 5 year fixed rate Buy to Let products have been reduced by 0.2% with rates from 3.59% (£1,495 fee)*. Offer includes £250 Cashback.
• 60%-75% LTV 5 year fixed rate Buy to Let products have been reduced by 0.5% with rates from 4.24% (£1,495 fee). Offer includes £250 Cashback.

Phil Rickards, Head of BM Solutions, comments:

“The buy to let and let to buy markets have had a strong first quarter and we have seen strong rental demand underpinned by steady house prices. This set of rate reductions provides further support to those landlords looking to switch their existing mortgage simply, quickly and cost-effectively.”