LendInvest Mortgages has reduced rates across its two-year and five-year fixed-rate buy-to-let products by 10 basis points.

The specialist lender said its lowest buy-to-let rates now start at 3.84%.

The reductions apply across new business, product transfers and bridge-to-let finance, which allows borrowers to apply for both a buy-to-let mortgage and bridging loan at the same time.

LendInvest said the bridge-to-let option was designed to give property investors greater certainty when funding a project from start to finish.

Paula Mercer (pictured), sales director at LendInvest, said: “We’re pleased to be able to reduce our rates to our brokers and clients by 10bps, which will no doubt offer some relief in today’s UK property market.

“At LendInvest, we recognise that affordability is a key factor for landlords looking to expand their portfolios or enter the market. We’ve always been committed to making the mortgage process simple.

“We’re confident that this rate cut, combined with our Mortgages Portal and experienced teams of underwriters and case managers, will enable portfolio landlords to achieve their goals, no matter the complexity of the deal.”