MT Finance now offers a product with a sub-3% interest rate, after introducing cuts across its BTL range.
The lender has made cuts of up to 24bps on selected BTL products.
With immediate effect, MT Finance now offers rates starting from 2.99% on its two-year fixed-rate standard residential BTL tier one product.
This is a reduction from 3.19%.
Elsewhere, MT Finance now offers rates from 3.65% on its two-year fixed-rate standard residential BTL tier two product.
"We are delighted to introduce this significant rate reduction, now offering a BTL product with a rate below 3%,” said Marylen Edwards, director of mortgages at MT Finance (pictured above).
“At a time when landlords and property investors are seeking value and stability, breaking through the 3% barrier reflects our confidence in the market."
