MT Finance cuts buy-to-let rates by up to 1.00%
Two-year fixed rates now start from 4.65%.
"We are acutely aware how hard the last year has been for landlords and investors and we hope that the latest changes will help to alleviate some of the many pressures they’re facing."
- Marylen Edwards, head of buy-to-let lending at MT Finance
MT Finance has reduced rates across its buy-to-let mortgage range by up to 1.00%.
MT Finance has lowered rates on all of its 16 buy-to-let products and is now offering rates from 4.65% for two-year fixed standard residential buy-to-let products.
ICR stress testing remains at 125% on five-year products across all tax brackets.
Marylen Edwards, head of buy-to-let lending at MT Finance, commented: “I’m really pleased to announce that we are making reductions to the whole of our buy-to-let product range.
"We are acutely aware how hard the last year has been for landlords and investors and we hope that the latest changes will help to alleviate some of the many pressures they’re facing.
"As always, we are continuing to monitor our products, ensuring that we can deliver the very best for our customers.”
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