Precise launches buy-to-let specials

The range includes a 3.49% lifetime tracker, a 3.99% 5 year fixed rate 2-year fixed and tracker rates starting at 3.69% and 3.39% respectively.

Additionally the maximum tenancy term has been increased to 36 months from 12 months.

Alan Cleary, managing director of Precise Mortgages, said: “The buy-to-let market is very competitive at the moment and these products will give significant savings to landlords.

“The introduction of a fixed product fee will also give mortgage intermediaries more choice especially for larger loans.

“Whilst these products are expected to be withdrawn by Christmas the change to the maximum tenancy term is permanent.”