HSBC is the latest lender to announce significant reductions in its buy to let mortgage products, effective from today.
Reductions include 5-year fixed fee saver products at 60% LTV for existing customers.
Remortgage BTL reductions include 2- and 5-year fixed fee saver and standard products at 60%, 65%, and 75% LTV, along with a 5-year fixed standard product with a £3,999 fee for the same LTV brackets.
International BTL customers will benefit from reductions in 2-year fixed fee saver and standard products at 60%, 65%, and 75% LTV, as well as 5-year fixed fee saver products at 65% and 75% LTV.
HSBC also plans to review its mortgage switch window, aiming to restore it to 90 days by the end of this month.
This article is taken from Landlord Today