Habito has reduced its buy-to-let mortgage rates.

The lender’s BTL fixed rates now start from 3.04%, which is a 0.10% reduction.

For individuals and limited company products at 75% LTV, rates now start from 3.29% which is down by 0.15%.


Mortgage availability at 11-month high

Looking to fee-assist BTL fixed rates, products now start from 3.16% for individuals and 3.12% for limited companies.

These products come with £750 cashback, and free conveyancing is included for customers buying in their own name.

Ben Gallagher, commercial director at Habito, said: “We constantly review our rates to make sure they’re as competitive as they can be.

“We’re pleased to announce this cut on a broad range of our products to give brokers and landlords more choice at a time when we’ve seen a real resurgence in popularity of buy-to-let.

“Our cashback will give those applying for a buy-to-let mortgage a little added bonus at this time.”