BM Solutions has introduced a number of rate reductions to its buy-to-let mortgage range, and has extended end dates on all fixed rate products by three months.
Its buy-to-let two-year 60 percent loan-to-value (LTV) products now start at 1.99 percent, instead of 2.14 percent.
For large loans, the buy-to-let two year 75 percent LTV products now start from 2.14 percent, while regular buy-to-let two year 75 percent LTV products now start from 2.34 percent.
Phil Rickards, head of BM Solutions, said: “These new rates and extended end dates help continue highlighting our commitment to supporting the intermediary market."
“Following the recent launch of our online calculator to help brokers navigate the tax changes and our multi award-winning service, we continue to support brokers at every stage of the mortgage process.”
David Hollingworth, associate director, communications at Local and Country Mortgages, said: "Its a very competitive market, therefore lenders are looking to sharpen prices where they can.
"Rates are pretty sharp already so there is not much further they can lower."
Mr Hollingworth had seen some mortgage provider nudge rates up, which he put down to them winning a large slice of business, which they needed to take time to process.
