Kensington Mortgages has reduced rates across a number of its buy-to-let mortgage products, with cuts of up to 25bps on selected deals.

The lender has announced rate reductions across its Prime, Prime eKo, Core, and HMO and MUB ranges, covering products available at both 75% and 80% loan-to-value (LTV).

Within the Prime range, two-year fixed rates at 75% LTV now start from 3.49% with a 5% fee. Other options include rates from 4.14% with a 3% fee and 5.63% with no fee.

Five-year fixed rates at 75% LTV now begin at 4.59% with a 5% fee. Additional options are available from 4.82% with a 3% fee, 5.12% with a £4,000 fee, 5.22% with a £1,499 fee, and 5.34% with no fee.

Kensington has also reduced pricing across its Prime HMO and multi-unit block (MUB) products in England, Scotland and Wales. Five-year fixed rates at 75% LTV are now available from 4.84% with a 5% fee and 5.09% with a 3% fee.

The lender has also lowered rates within its Prime eKo range, which is available on properties with an EPC rating of A, B or C. The products are priced 5bps below equivalent standard Prime rates.

Kensington said it continues to offer free valuations across its mortgage range, helping borrowers reduce upfront costs.

Andy Bickers (pictured), commercial director at Kensington Mortgages, said: “These latest changes to our BTL range strengthen our proposition across a broad range of landlord needs, from standard investment properties through to HMOs and MUBs.

“Competitive rates are only part of the picture, however. Brokers also need confidence that cases will be handled quickly and efficiently. That’s why Kensington continues to prioritise providing market-leading broker support, with brokers able to reach one of our desk BDMs in under a minute on average.

“Once a case is submitted, every broker is supported by a dedicated mandated underwriter who contacts them directly and remains a consistent point of contact throughout the application process, helping cases to progress as smoothly and quickly as possible.

“Our focus remains on making Kensington a lender that brokers can rely on, whether that’s through competitive pricing, specialist expertise or responsive support.

“By combining all three, we’re helping brokers secure the right solutions for landlord clients and progress cases with confidence.”