BM Solutions has warned brokers that it will be increasing rates in its buy-to-let and let-to-buy remortgage range on Thursday.

The lender has not yet revealed the scale of the rate rises, but says that two and five-year deals at 60 and 75 per cent loan-to-value will be affected.

The lender is also planning increases to buy-to-let purchase rates, including two and five-year fixes at 60 and 75 per cent LTV.

End dates are to be extended to March of the relevant year.

Brokers wishing to secure current rates must ensure applications are fully submitted by 8pm tomorrow, Wednesday November 25.