Saffron for Intermediaries has reduced selected fixed rates by 0.20%, including five-year fixes for expat landlords borrowing personally or through a limited company, effective today.

The changes also cover standard and limited company buy-to-let (BTL) mortgages, all self-employed fixed rates and first-time buyer fixes at 95% loan-to-value (LTV).

Across both the expat BTL and expat limited company BTL ranges, five-year fixes have reduced to 6.07% at 55% LTV and 6.17% at 75% LTV. All four products carry a flat £2,500 arrangement fee.

For UK-based landlords, limited company BTL five-year fixes are now available at 5.97% up to 70% LTV and 6.07% up to 75% LTV, both with a £2,500 arrangement fee.

The standard BTL five-year fix at 75% LTV has reduced to 6.07%, with a £1,999 arrangement fee.

Saffron has also reduced all two- and five-year fixed rates in its self-employed range, with rates now starting at 6.07% and 5.97% respectively, both at 80% LTV. The range extends to 90% LTV and carries a £999 arrangement fee.

First-time buyers with a 5% deposit can now access a two-year fix at 6.77% or a five-year fix at 6.37%. Both products come with no arrangement fee and include a free valuation.

Elsewhere, Principality Intermediaries are lowering rates on residential, joint borrower sole proprietor and holiday let rates from 13 November.

Residential two-, three- and five-year fixes at 65% LTV will be reduced by up to 0.08%, while two- and five-year fixes at 90% LTV will be cut by up to 0.08%.

Some products in the residential range with cashback will also be lowered. These include two- and five-year fixed rates at 65% LTV, which have been reduced by 0.07%.

Joint borrower sole proprietor two- and five-year fixed rates at 90% LTV will be cut by up to 0.08%.

In addition, holiday let two-year fixes at 60% LTV with no fees will be reduced by 0.06% and five-year fixes at 60% LTV by 0.06%.