Together launches its lowest ever buy-to-let rate

Rates on its first charge buy-to-let range have been lowered from 4.99% to 4.49% - the lender’s lowest ever - while maximum remortgage and second charge LTVs have been raised from 70% to 75%.

Together's five-year fixed buy-to-let mortgage rates have also been cut from 5.49% to 4.99% and two-year fixes from 5.19% to 4.79%.

Meanwhile, second charge buy-to-let variable rates are now 5.99%, down from 6.99%.

Sundeep Patel, director of sales at Together, said: “We’re delighted to be able to offer our lowest ever rates as part of a series of changes to our buy-to-let products.

“The buy-to-let lending market has become increasingly competitive since the start of the year with new entrants into this space and, in introducing these changes, we want to make sure that we’re offering the right solutions for clients at the right rates.

“At Together, we have spent a great deal of time getting invaluable feedback from our broker community so that we can simplify, improve and refine our award-winning products to make sure that intermediaries can provide their clients with the best outcomes.

“Our product changes will allow them to achieve their ambitions, whether that’s buying their first rental property, remortgaging to a more competitive deal, or expanding an existing portfolio.”