Fleet Mortgages has reduced three lifetime tracker options, as part of a strategy of embracing the "professionalism" of the buy-to-let market.
Deals from the specialist lender include rates at Libor plus for lifetime tracker products, 3.2 per cent for houses in multiple occupation (HMOs) and standard products, as well as Libor plus 3.3 per cent for the limited company option.
The rates for these lifetime trackers are currently at 3.74 per cent and 3.84 per cent.
Two-year fixed rates include a 3.09 per cent 75 per cent loan-to-value (LTV) deal offering for standard buy-to-let customers and a two-year fixed rate for limited company customers at 3.39 per cent at 65 per cent LTV.
Bob Young, chief executive of Fleet Mortgages, said: "Swap rates have moved in recent weeks and it is important – as a responsible lender – that we react to this, hence the repricing across the majority of our product range today.
"These products remain highly competitive and indeed our lifetime trackers for standard, limited company and HMO have been cut by 30 basis points.
"The start to the new year has been an incredibly positive one for Fleet Mortgages and it is safe to say we are busier than anticipated and already past our budgetary targets.
"We are embracing the professionalisation of the buy-to-let market and advisers are increasingly using us because of our experience and service in this part of the market.
"We anticipate business levels to continue in this strong vein, are bolstering our business development managers (BDMs) across the country, and we are there to provide resource and support to our advisory partners in order to help their clients and develop their business offering."
David Hollingworth, director at mortgage brokers London & Country, said Fleet served a niche set of landlords.
He said: "Depending on who you ask, some people say that everyone is working through a limited company now, and it has certainly been put under the spotlight with the tax changes. However, I would say that these limited company mortgages will only ever appeal to certain people.
"These are not the top rates, but they are not bad, considering that Fleet is a specialist lender."
