BM Solutions is making a series of changes to its mortgage range from next week, including the withdrawal of some fixed fee products and rate increase on others.

The buy-to-let arm of Lloyds Banking Group will be removing the £1,995-fee two- and five-year fixes at 60 per cent LTV and 75 per cent LTV.

Regarding rate rises, the lender is pushing the 75 per cent LTV remortgage products with £995 fee to 1.85 per cent and the 60 per cent LTV remortgage products with £995 fee to 1.93 per cent.

Meanwhile, the 75 per cent LTV five-year fixes in the same category will now have rates set at 2.16 per cent.

Remortgage for Let to Buy will also have rates pushed up – the 75 per cent LTV two-year fix with £995 fee will be 1.85 per cent, the 60 per cent LTV five-year fix 1.93 per cent and the 75 per cent LTV fix 2.16 per cent.

In a note to brokers, BM Solutions says: “Please ensure any applications on existing products are fully submitted before 5pm on Saturday 8 August 2020.”