Related topic: Buy-to-let

Two-year fixed rates now start from 2.85%.

Rates across Foundation's buy-to-let lending proposition have reduced by up to 0.25%.

Rates have reduced by up to 0.11% across standard and limited company products.

The lender is also extending product end dates to 31st October.

Allica says the change could save business owners as much as £300,000.

The buy-to-let lender has added five new PT products across its core and specialist ranges.

The Bank says the appointment will support the growth of its buy-to-let lending and forge stronger relationships with brokers.

The new AVM remortgage products are available up to 75% LTV and comprise four two-year fixed rate options.

The rate changes apply across a broad range of products, including residential first and second charge, buy-to-let, commercial and semi-commercial lending.

The rate cuts also apply to GB Bank’s bespoke proposition at 65% LTV.