MT Finance cuts all buy-to-let rates by up to 0.50%
Rates now start from 3.19%.
MT Finance has reduced buy-to-let mortgage rates by up to 0.50% across all products, including its recently launched Tier 2 range.
The lender now offers rates starting from 3.19% for its two-year fixed standard residential buy-to-let Tier 1 product and 3.89% for its two-year fixed standard residential Tier 2 product.
ICR stress testing remains at 125% across all product options.
Marylen Edwards, director of mortgages at MT Finance, commented: “Our decision to reduce rates across our entire buy-to-let range reflects both market conditions and our commitment to delivering value for property investors.
"With rates now starting from 3.19% and our recently launched Tier 2 product at 3.89%, we're ensuring our proposition remains highly competitive while maintaining our focus on service excellence."
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Inflation
Interest rates could rise as Bank of England responds to oil shock
First-time Buyer
Just one profession pays enough for buyers to afford average UK home
FCA
APPG urges overhaul of 'systemically flawed' UK financial conduct regulation
Interest Rates
Bank of England forecast to hold interest rates 'well into 2027' as inflation tops 4%
This week's biggest stories:
Inflation
Interest rates could rise as Bank of England responds to oil shock
First-time Buyer
Just one profession pays enough for buyers to afford average UK home
FCA
APPG urges overhaul of 'systemically flawed' UK financial conduct regulation
Interest Rates
Bank of England forecast to hold interest rates 'well into 2027' as inflation tops 4%
Bank Of England
Bank of England holds interest rates as inflation risks persist
FCA
FCA confirms new incident reporting and third party rules