Buy to let lenders cut rates, rebrand and refresh landlord deals

Specialist lender Together has trimmed its headline pricing by up to 25 basis points across a wide range of buy to let products.

The cuts span regulated first and second charge variable mortgages, regulated consumer BTL variable lending and unregulated BTL variable deals, each reduced by 0.25%.

Bridging finance sees regulated rates now starting from 0.68%, unregulated residential bridging from 0.75% and unregulated commercial bridging from 0.92%.

Some semi-commercial bridging and term products have also been repriced.

Together’s managing director of intermediary sales, Tanya Elmaz, said: “Beyond lower rates, we continue to deliver the qualities brokers and customers value most: speed, flexibility, and certainty of funding.”

Foundation Home Loans rebrands

Foundation Home Loans has completed a rebrand, shortening its name to Foundation as it aligns its identity with its current scale and structure.

The lender said the change reflects a business focused on specialist buy to let lending, supported by experienced teams and systems designed to handle complex cases.

The refresh includes a new visual identity and the tagline ‘Making mortgages happen’.

Foundation stressed the update would not alter underwriting, service standards or criteria, with manual underwriting and flexible assessments remaining central to its proposition.

Its chief executive, Pete Ball, said: “Foundation has grown, the market has grown, and brokers now deal with cases that need more clarity and more structure.

“This rebrand reflects the depth behind the business, the strength of our teams and the role we play in specialist lending.”

Aldermore offers zero-fees products

Meanwhile, landlord borrowers are also seeing fresh options from Aldermore, which has launched new zero-fee limited edition BTL products.

It is also cutting rates for existing customers switching deals.

For new borrowers, individual and company landlords with single residential investment properties can access two-year fixes at 75% LTV priced at 5.39%.

There are also five-year fixes at the same LTV at 5.22%, both carrying no fee.

Portfolio landlords are offered two-year fixes at 5.34% and five-year fixes at 5.17%, again with zero fees.

Existing customers benefit from product switch reductions of up to 0.20%, with two-year fixed rates up to 85% LTV starting from 5.69% and five-year equivalents from 5.52%.

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