LendInvest Mortgages has announced a rate reduction of up to 25 basis points (bps) across its buy-to-let products.

Reductions include 25bps on five-year Holiday Let products and a 20bps reduction on all of the lender’s two-year fixed term products.

Meanwhile, LendInvest has reduced selected five and seven-year buy-to-let products by 5bps.

The lender said its new rates can accommodate new business and product transfers and support a variety of buy-to-let mortgage needs, including individuals, limited companies, portfolio landlords, and expats.

Sophie Kettle (pictured), commercial director at LendInvest said: “At LendInvest, we’ve always been committed to making sure that property investors can achieve their goals and this rate reduction is a demonstration of that commitment.

“We’ve seen the steady market demand for holiday lets and we can recognise the investment potential, so that’s why we’re thrilled to offer 25bps off our five-year holiday let products as another one of our attractive finance propositions for existing holiday let owners or those looking to diversify their investment portfolio.

“Our digital-first approach to lending has kept up with the evolving UK property market and positions us experts in our field that can cut the complex for brokers and their clients.”