The Mortgage Lender launches new and reduced buy-to-let rates

The Mortgage Lender (TML) has launched a range of new limited edition buy-to-let products and reduced rates by up to 0.15% across its fixed rate range.

The new limited edition products include two-year fixed rates from 3.79% and are available with both 5% completion fee and fixed completion fee options.

Alongside the launch, TML has reduced rates across its two and five-year fixed rate buy-to-let proposition, including products for HMOs and multi-loan customers.

These changes build on TML's recent buy-to-let proposition updates announced in May, which included rate reductions, a limited edition five-year fixed product, and the reintroduction of selected 75% LTV products.

Louise Apollonio, sales and distribution director for retail mortgages at Shawbrook, said: "These changes are designed to give brokers more options when placing buy-to-let business, with competitive pricing and greater flexibility across our range.

"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."