MT Finance has lowered mortgage rates across all its 16 BTL products by up to 100 bps, with immediate effect.
The lender now offers rates from 4.65% for two-year fixed standard residential BTL products.
ICR stress testing remains at 125% on five-year products across all tax brackets.
Marylen Edwards, head of lending for BTL at MT Finance (pictured above), said: “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.”
