Together has reduced rates and upped LTVs within a selection of its specialist products.

It is now offering its 70 per cent LTV five-year fixed rate mortgages at 5.99 per cent for capital repayment and 6.49 per cent for interest-only home loans, down from 6.99 per cent.

For its regulated bridging products, Together has cut its 50 per cent LTV offering to 0.65 per cent and its 70 per cent LTV loan to 0.75 per cent.

It has also issued a new consumer buy-to-let mortgage on a five-year fix at 6.99 per cent.

On the subject of BTL, the lender’s specialist holiday let loans have had their LTVs increased – the residential purchase has gone from 70 per cent to 75 per cent and the refinance for residential properties from 65 per cent to 70 per cent.

The second charge BTL product, meanwhile has had its LTV increased from 65 per cent to 70 per cent.

And within its commercial range, Together has upped LTVs on its unregulated bridging loans, comprising the residential purchase option going from 70 per cent to 75 per cent and the refinance from 65 per cent to 70 per cent.

Together director of sales Sundeep Patel says: “We anticipate that the residential BTL market will return to health post-Covid and believe that holiday lets will prove attractive to investors as the popularity of UK staycations increases once lockdown is lifted.”

He added: “These are the latest changes we’ve introduced as we continue to increase our lending and there are still more improvements in the pipeline.”