The new products include fee-free two-year fixes starting at 6.80% and tracker products for those wanting greater flexibility and the potential to benefit from the current lower-market pricing on variable-rate deals, as well as any future BBR reductions.

The range is available from 8am tomorrow (Friday 4th August 2023) with highlights including:

• Five-year fixed rate at 80% LTV and 6.13% (down from 6.97%), suitable for those remortgaging with a £995 completion fee, £250 cashback and free standard valuation
• New fee-free two-year fixed rate at up to 60% LTV and 6.80%, for those remortgaging with free standard valuation
• New two-year fixed rate at up to 60% LTV and 6.43%, with £500 cashback for those purchasing a property, or a choice of £250 cashback or remortgage legal services for those remortgaging — both of which come with a £1,495 fee and free standard valuation
• New two-year tracker at up to 60% LTV and 5.22%, suitable for both house purchase and remortgage with a £1,995 completion fee

The lender has also taken the opportunity to extend product end dates to 31 October, to give maximum product term value to brokers and their clients.

•   What does the specialist finance industry need in 2023 and beyond?
•   LendInvest makes reductions across BTL range
•   Vida cuts BTL rates by up to 40bps