Landlords buying or remortgaging properties have lower fixed mortgage rates to choose from after cuts by four lenders.
Molo has reduced all two- and five-year fixes in its Standard buy to let range for UK residents by 10 basis points.
Its two-year rates now start at 3.60%, down from 3.70%, while five-year deals start at 5.30%, previously 5.40%, both at up to 75% loan to value (LTV).
The range covers purchases and remortgages by individuals and limited companies, including first-time and portfolio landlords.
Molo’s distribution director, Martin Sims, said: “Landlords continue to face a challenging environment where borrowing costs remain a key consideration.
“We are therefore pleased to be reducing two- and five-year fixed rates across our Standard buy-to-let range to pass savings on to borrowers.”
Landbay has cut rates across 37 five-year fixed products, with reductions of 20 basis points across its Core and Core automated valuation model ranges.
Both now offer rates from 5.44% with a 6% fee at 75% LTV, alongside a 6.24% option carrying a 2% fee.
Its Core Product Transfer five-year rates have fallen by 25 basis points, with free valuation products starting at 5.49% with a 6% fee at 70% LTV.
Selected small HMO and multi-unit freehold block deals have also been reduced by 20 basis points, including options for first-time landlords and product transfers.
Meanwhile, Fleet Mortgages has reduced all five-year fixes carrying 3% or 5% fees by 20 basis points across its Standard, Limited Company and HMO/MUFB ranges, available at up to 75% LTV.
With a 5% fee, Standard and Limited Company rates have fallen from 5.24% to 5.04%, while the HMO/MUFB rate has dropped from 5.49% to 5.29%.
The Standard and Limited Company deals include a free valuation for properties worth up to £500,000, while the HMO/MUFB option comes with £1,000 cashback.
For borrowers choosing a 3% fee, Standard and Limited Company rates now stand at 5.44%, or 5.34% for properties with an EPC rating of A to C.
Kensington Mortgages has cut selected rates across its Prime, Prime eKo and Core buy to let ranges by up to 15 basis points, with the changes applying to 75% LTV products.
Prime two-year fixes now start at 3.69% and five-year deals at 4.99%, both carrying a 5% fee.
For properties rated A to C for energy efficiency, Prime eKo rates start at 4.39% for two years and 5.07% for five years, each with a 3% fee.
Kensington also offers free valuations on all buy to let applications, including HMOs and multi-unit blocks.
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