MT Finance has cut its buy-to-let mortgage rates by up to 50 basis point (bps) across all products.

The reductions even apply to its recently launched Tier 2 range.

The lender now offers rates starting from 3.19% for its two-year fixed standard residential buy-to-let Tier 1 product and 3.89% for its two-year fixed standard residential Tier 2 product.

ICR stress testing remains competitive at 125% across all product options.

Marylen Edwards (pictured), director of mortgages at MT Finance, said: “Our decision to reduce rates across our entire buy-to-let range reflects both market conditions and our commitment to delivering value for property investors.

“With rates now starting from 3.19% and our recently launched Tier 2 product at 3.89%, we’re ensuring our proposition remains highly competitive while maintaining our focus on service excellence.”