Castle Trust Bank cuts buy-to-let rates for limited period

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Castle Trust Bank has reduced rates across its TermTen buy-to-let range, with the new pricing available on cases completing by the end of August.

The lender has announced a series of rate reductions across both its bridging and buy-to-let propositions, with the latest changes placing particular emphasis on supporting property investors expanding or refinancing their portfolios.

Within the TermTen buy-to-let range, standard investment properties are now available from 5.69% up to 70% gross LTV, while rates from 5.74% are available up to 75% net, or 77% gross, LTV.

For larger HMO investments of up to 15 units, rates now start from 6.19% up to 75% net, or 77% gross, LTV.

The new pricing is available for a limited period and applies to cases completing by 31 August 2026.

The lender has also reduced rates across its bridging refurbishment products, with Light Refurbishment Bridging now available at 0.70% per month across all LTV bands, Light Refurbishment with Drawdown reduced to 0.77% per month and Heavy Refurbishment Bridging cut to 0.99% per month across all LTVs.

Anna Lewis, commercial director at Castle Trust Bank, said: “At Castle Trust Bank, we’re committed to helping brokers and their clients access competitive funding solutions across every stage of the property investment journey.

“These latest reductions across both our bridging and buy-to-let ranges support this commitment by providing greater value for investors looking to purchase, refurbish, refinance or expand their portfolios.

“Combined with our specialist underwriting expertise, flexible lending criteria and award-winning service, these enhanced rates will help more property investors take advantage of opportunities in today’s market.

“With the new pricing available on cases completing by the end of August, now is an excellent time for brokers to explore how we can support their clients’ plans.”

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