Buy-to-Let Lenders Reduce Fixed Mortgage Rates Amid Market Adjustments

Summary: Several prominent buy-to-let lenders, including Landbay, The Mortgage Works (TMW), and Accord Mortgages, have announced reductions in fixed mortgage rates across various product ranges. These changes offer UK landlords improved borrowing options, particularly for limited company structures and specialist property types, reflecting ongoing product repricing in the sector.

SEO Focus Keyword: buy to let mortgage rates UK
SEO Meta Title: Buy to let mortgage rates UK see notable reductions
SEO Meta Description: UK buy to let mortgage rates fall as lenders cut fixed rates on standard and specialist products, benefiting landlords and limited company borrowers.

Landbay Lowers Rates Across Multiple Buy-to-Let Products

Landbay has implemented rate reductions of up to 20 basis points (bps) across its Premier, Core, and Specialist buy-to-let mortgage lines. These adjustments apply to purchases, remortgages, and product transfers, offering landlords more competitive options.

Within the Premier range, two- and five-year fixed rates have decreased by as much as 15bps. This includes like-for-like remortgages and products featuring free valuation and assisted legal packages. Notably, the zero-fee five-year fixed rate has dropped from 5.09% to 4.95%.

Another Premier option, a five-year fixed rate with a 3% fee, is now available at 4.35%, down from 4.49%, both at up to 75% loan-to-value (LTV). Remortgage fixes with assisted legal services and free valuations have also been reduced to 4.97% from 5.09%, with fixed fees tiered for loans up to £750,000.

The Premier range is designed for landlords managing up to 15 mortgaged properties, whether held personally or via limited companies. Rate cuts have also been applied to Core and Specialist products, which cover limited company lending, holiday lets, and smaller Houses in Multiple Occupation (HMOs) and Multi-Unit Freehold Blocks (MUFBs).

Rob Stanton, Landbay’s sales and distribution director, commented: “By cutting rates across our Premier, Core and Specialist, we are giving advisers more scope to place cases competitively, whether they are straightforward or more complex.”

The Mortgage Works Targets Limited Company Buy-to-Let Market

The Mortgage Works (TMW) has repriced selected limited company buy-to-let products, reducing rates by up to 0.20 percentage points. Among the highlights is a two-year fixed rate at 3.74% with a 3% fee for up to 75% LTV, down 0.20%, and a £1,495 fee option reduced by 0.15% to 4.74%.

A no-fee five-year fixed rate has also been cut by 0.07% to 4.97%. Switcher rates include a two-year fix at 3.74% with a 3% fee, down 0.05%, and a no-fee alternative at 5.29%, reduced by 0.15%. Additionally, a five-year switcher rate with a £1,495 fee has fallen by 0.05% to 4.79%.

Keir Fraser, TMW’s representative, said: “The Mortgage Works has been supporting the limited company buy to let market since 2018. We’re delighted to be making these latest rate cuts as we continue to focus on offering limited company landlords a competitive range of products.”

Accord Mortgages Adjusts Buy-to-Let Pricing

Accord Mortgages has trimmed buy-to-let pricing by up to 0.07% across 60%, 65%, and 75% LTV tiers. For remortgages, a two-year fixed rate at 4.09% with a £995 fee has been reduced from 4.16%, and a 3.94% option with a £1,995 fee was previously 4.01%. Both products include free valuation and legal packages.

For purchases, a five-year fixed rate to 65% LTV has decreased to 4.08% from 4.14%, carrying a £3,495 fee and £500 cashback.

Aidan Smith, TMW’s product manager for mortgages, noted: “We’re so pleased to make these positive changes improving our buy to let offering for landlords with a larger deposit, ensuring better value across a wide range of options for brokers and their clients.”

Atom Bank Lowers Commercial Mortgage Entry Threshold

Atom Bank has reduced the minimum loan size for commercial mortgages to £200,000 following broker research indicating demand for smaller loans. More than a quarter of broker enquiries were for loans below £250,000, a segment where borrowing options are often limited without broader banking relationships.

Tom Renwick, head of business lending at Atom, said: “This reduction in our minimum loan size is part of our broader mission to constantly refine our commercial proposition – whether through rate reductions, bespoke pricing, or improved criteria – ensuring we deliver both value and efficiency to our partners and their clients.”

Market Financial Solutions Enters Administration

Market Financial Solutions Limited (MFS) has applied to enter administration due to a restriction on access to its banking facilities related to a procedural matter. The lender emphasised that this step is intended to protect staff, investors, and stakeholders while operations continue under court oversight.

The business remains asset-backed. Founded in 2006, MFS has provided over £1.2 billion in lending, with its loan book peaking at approximately £2.4 billion.

Founder Paresh Raja stated: “This is an extremely difficult moment for everyone connected with Market Financial Solutions. The current situation does not reflect a failure of the underlying business or the quality of our assets, but rather a technical and procedural impasse that has temporarily limited our access to everyday banking facilities.”

What This Means for UK Landlords

The recent rate reductions by Landbay, TMW, and Accord offer UK landlords, particularly those operating through limited companies or managing specialist property types, more competitive mortgage options. Lower fixed rates can improve affordability and cash flow management, which is crucial in the current economic environment.

Atom Bank’s lowered commercial mortgage threshold may also benefit landlords seeking smaller loans for commercial property investments, expanding borrowing opportunities without the need for extensive banking relationships.

However, the administration of Market Financial Solutions serves as a reminder of the importance of lender stability when considering financing options.

Suggested internal link anchors

• buy to let mortgage rates
• limited company buy to let
• fixed rate mortgages
• commercial mortgages
• HMO lending
• mortgage remortgages
• loan-to-value (LTV)
• property investment finance
• buy to let market
• mortgage product pricing
• landlord mortgage options
• mortgage lender administration

TLA update

TLA is launching a new Trusted Partners Hub in Q1 2026, featuring verified and approved service providers selected to support landlords, tenants, and property management businesses. We are inviting legal, trades, insurance, financial, mortgage, tenant screening, and other service providers to register their interest here: https://landlordassociation.org.uk/become-a-tla-service-partner/