Habito has returned to 80% loan-to-value lending, across its buy-to-let range for two-year and five-year fixed-rate products.

The online mortgage firm has also reduced its rates for its existing 75% LTV 5-year fixed products.

Habito’s 80% LTV, two-year fixed rates start at 3.89%, and five-year fixed rates start from 4.15%.

Its individual and limited company 75% LTV five-year fixed rate deals start at 3.49%, with £500 cashback.

The firm’s individual fee assist 75% LTV five-year fixed rates start at 3.54%, with £750 cashback and free conveyancing.

Its limited company fee assist 75% LTV five-year fixed rates start at 3.52%, with £750 cashback.

Habito director marketplace operations Alan Fitzpatrick says the move to “offer lending at 80% LTV to provide deals to landlords with slightly smaller deposit sizes, particularly when there is limited choice in the market at this level”.

Fitzpatrick adds: “The changes to our BTL lending range comes as a result of brilliant broker feedback and we’re sure that it will positively impact both our broker partners and customers who come to Habito directly.”

Habito launched its first range of BTL mortgages in 2019 and continued to offer these types of products throughout the pandemic.

In March, the firm launched a fixed-rate mortgage with a term of up to 40 years.

Available from 60 per cent LTV to 90 per cent LTV, Habito One’ starts with a 10 year option and increments by five years up to 40 years.

Founder and chief executive Daniel Hegarty said: “The future has never been less predictable and we need our homes to provide us with safety and financial security.”