MT Finance lowers buy-to-let mortgage rates across entire range

By Bridging Loan Directory 24th February 2025

Specialist finance lender MT Finance has reduced its buy-to-let mortgage rates by up to 0.50% across all products, including 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.

This move follows the Bank of England’s Monetary Policy Committee’s decision to reduce the base rate by 0.25% to 4.5%, reflecting a broader industry trend of rate reductions.

Marylen Edwards, Director of Mortgages at MT Finance, comments:

“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.”