BM Solutions has announced rate cuts of up to 71bps across its buy-to-let range.

The largest reductions apply to the lender’s remortgage products, with a two-year fix up to 65% LTV now available at a rate of 6.51%, a drop of 71bps.

Other highlights include five-year fixes for remortgage now at 5.71%, a drop of 40 bps, while BM has cut five year fixes for house purchase by 31 bps, with rates now starting at 5.18%.

The lender has also introduced a new range of BTL deals for remortgage, with two-year fixes starting at 6.08% and five-year fixes from 5.46%.

Head of BM Solutions Lee Church says: “ In a challenging market, we continue to support the BTL sector wherever we can.  These new products and lower rates will offer greater choice for brokers and some welcome relief to landlords”.