The Mortgage Lender is now able to offer physical valuations on buy-to-let applications for properties in Scotland and Wales after Covid-19 restrictions were relaxed by the devolved Governments.

The physical valuations are available for individuals or limited companies looking to purchase or remortgage single dwellings (including new build), HMOs and MUBs across its buy-to-let product range.

Rates start at 3.13% for a two-year fixed at 70% loan to value with products available up to 75% loan to value for purchase and remortgage.

The move follows the reintroduction of physical valuations in England last month.

Steve Griffiths (pictured), The Mortgage Lender sales director, said: “There is significant pent up demand from landlords whose plans were put on hold when we went into lockdown.

“This latest easing of restrictions means landlords are now able to execute their plans across the UK and coincide with increased availability of competitive products, like our own, that are designed to support a returning confidence to the housing market and give brokers and their customers greater choice.”