BM Solutions makes rate cuts

Its headline rates are a 60% LTV 3-year fix at 2.99% with a £995 fee and a 60% LTV 5-year fix at 3.39% with a £1,495 fee.

Both deals come with £250 cashback.

Phil Rickards, head of BM Solutions, said: “The outlook for buy to let is positive, with strong rental demand in the first half of the year matched by relatively low levels of rental arrears and voids.

“As such BM Solutions has made these rate reductions to provide further support to those landlords now looking to take out a buy-to-let mortgage quickly and cost-effectively.”