Specialist lender MT Finance has reduced buy-to-let mortgage rates by up to 100 basis points.

MT Finance has reduced rates on every one of its 16 buy-to-let products, with immediate effect.

The lender now offers rates from 4.65% for two-year fixed standard residential buy-to-let products. ICR stress testing remains at 125% on five-year products across all tax brackets.

Marylen Edwards, head of lending for buy-to-let at MT Finance, said: “I’m really pleased to announce that we are making reductions to the whole of our buy-to-let product range. We are acutely aware how hard the last year has been for landlords and investors and we hope that the latest changes will help to alleviate some of the many pressures they’re facing.

“As always, we are continuing to monitor our products, ensuring that we can deliver the very best for our customers.”