Buy-to-let lender New Street Mortgages is cutting its two-year fixed rate by 80bps to 1.99% for 65% LTV from tomorrow (11 November).

Steve Griffiths, director of sales and distribution at the Northview Group, said “The introduction of the new 1.99% rate shows our commitment to this market and offers great value to these customers.

“In addition customers can choose from three and five-year fixes as well as two and five-year discount products.”