Precise and Connect launch buy-to-let deal

Rates for 2-year tracker stand at 2.84% while for a 2-year fixed mortgage it is 3.04%

Finance for both products is available to 75% LTV.

Liz Syms, managing director at Connect Mortgage Club, said: "This new offering from Precise Mortgages demonstrates their commitment not only to the buy-to-let market, but also to the intermediary sector.

“The low interest rate combined with the favourable rental calculation makes these products extremely competitive and we are confident they will prove very popular within the broker community.”

Roger Morris, sales director at Precise Mortgages, added: “These are the cheapest buy-to-let products we have ever offered the intermediary market.

“Connect has a proven expertise in buy-to-let finance and are ideally placed to help us promote these new products, as it is important to us that we are able to offer the very best service to our supporting brokers.”