Rates have been reduced below 7%, with loan to values of up to 65%.

Together recently announced the launch of a five-year fixed BTL product.

Marc Goldberg, commercial CEO at Together, said: “We’ve seen continued growth in lending for buy-to-let property purchases, and are committed to continually improving our offering.

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“We’ve lowered our rates to help buy-to-let investors with their affordability calculations as they adapt to the new tax implications in response to feedback from our broker partners.

“This follows our recent introduction of a five-year fixed rate buy-to-let mortgage, plus an increase in loan size, helping us to meet the demand from brokers.

“We want to ensure that buy-to-let investors – be they first-time landlords, seasoned property professionals or limited companies – have a broad choice of products with competitive rates.”