The Mortgage Works has cut 5-year fixed rate mortgages.
The lender has reduced 65% loan-to-value products by up to 0.50%, starting from 2.09%.
Meanwhile 75% LTV products have been reduced by up to 0.15% and 50% LTV mortgages with no fee have been reduced by 0.05% to start from 2.39%.
Paul Wootton, managing director of TMW, said: “The new, reduced rates on our 5-year fixed rate deals will mean TMW continues to have one of the most competitive options on the market for landlords.
“We always look to balance costs and flexibility so that our customers have choice, with these new products offering competitive rates for landlords looking for longer term payment security.”