Kensington Mortgages has reduced rates by 20bps on its BTL products, including limited company, HMO, and MUB.
In addition, rates across the lender’s special BTL products have been reduced by up to 40bps.
The lowest BTL rates offered by Kensington are its 70% LTV two-year special fixed rate, which starts from 4.15%, and its 75% LTV five-year special fixed rate, starting at 4.69%.
Both of these propositions include a 5% fee and free valuation.
“Across our entire product range, Kensington continues to offer some of the most competitive rates available on the specialist mortgage market, underpinned by market leading customer service,” said Vicki Harris, chief commercial officer at Kensington Mortgages.
“With these latest rate reductions, we aim to continue to help as many people as possible access the mortgages that they need.”