Steve Cox, chief commercial officer at Fleet Mortgages, says there appears to be growing landlord demand for buy-to-let finance in 2025 so far.

Rates have been reduced by 0.22% on all standard and green two-year and five-year fixed term products.

The lender has launched new products and increased its first-time landlord criteria.

Two-year fixed rate buy-to-let products have seen the largest reductions.

In 2024, 63% of all Shawbrook’s residential bridging completions were used for purchases of buy-to-let properties.

The latest rate cuts cover fixed-fee and zero fee products.

Rates have reduced by up to 0.10%.

The lender has reduced purchase and remortgage rates across its ranges.

Fleet has also reduced fees for standard and limited company borrowers.

The reductions cover standard buy-to-let, limited company and HMO products.