The changes apply immediately across the buy-to-let range.
Mark Posniak, managing director at Dragonfly Property Finance, said: “As we enter a new era for Dragonfly, I felt it was important to review our entire product range and, where possible, seek to make it even more competitive.
“These adjustments to our buy-to-let proposition are the first step in that direction. During the past two years, we have completed on a large number of loans for first-time landlords, first-time buyers, ex-pats and people with hard-to-prove income.
“Coupled with our flexibility to lend on unusual assets, such as HMOs and semi-commercial properties, these improvements will help cement our position as the go-to lender for quality buy-to-let clients that traditional high street lenders will not serve.”