BM will also be increasing the cashback offered on some of its products.
Phil Rickards, head of sales at BM Solutions, said: “We refreshed our product range at the start of the year, and these further rate reductions, alongside our award winning service should help brokers to place more business for their Landlord clients, further reinforcing our commitment to the BTL market."
The cuts will see the 0-75% LTV, 2-year fixed rate product reduced by 0.15% to 4.54% while the 3-year fixed will drop by 0.15% to 4.64%. Both products are available for a fee of £995.
