Investec cuts rates up to 0.40pc

Further highlights include a buy-to-let 3.99% 2-year fixed rate at 70% LTV and 4.29% at 75% LTV and a 2-year residential fixed rate at 2.99%.

Alex Hammond, head of communications at Investec Specialist Bank, said: “We have already seen that mortgage intermediaries want to speak to key decision makers when it comes to their high income clients and we know there is demand for a lender that is able to consider all elements of a borrower’s variable income so we are excited about making our mortgages even more attractive by cutting rates right across the range.”

And the buy-to-let completion fee has been cut by by 1% to 1.5%.