The Mortgage Lender (TML) has reduced rates across its five-year fived 75% LTV products.
The lender’s core range and portfolio multi-loan options have seen rate reductions by 20 bps.
Following this, its core five-year fix with a 5% fee has been reduced from 5.26% to 5.06%, while the portfolio multi-loan option at 75% LTV with a 2% fee is now priced at 5.72% (previously 5.92%).
Further reductions can be seen with its 75% LTV product with a £2,495 fee being reduced from 6.06% to 5.86%.
Steve Griffiths, chief commercial officer at The Mortgage Lender, commented: “We’re pleased to announce rate reductions across a number of our BTL products.
“We continue to remain committed to our broker partners and our customers in offering attractive rates to borrowers, whether purchasing or remortgaging.
“We continually evaluate our rates to support new and existing landlords, and to help brokers and their clients’ in achieving their property ambitions.”
