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In the ever-evolving mortgage market, buy-to-let investors are seeing some interesting developments. Over the past week, several lenders have made adjustments to their fixed rates for buy-to-let mortgages, providing both challenges and opportunities for investors.

Paragon Bank has introduced new “portfolio” and “green” fixed mortgages, while Aldermore has withdrawn its limited edition five-year fixed rates for mortgages with a maximum 65% loan-to-value. Buckinghamshire Building Society has also entered the market with new deals, offering increased lending to 80% loan-to-value.

According to Claire Askham, head of mortgage sales at Buckinghamshire Building Society, the decision to expand their buy-to-let lending to 80% is a positive move for landlords looking to optimize their portfolios through divesting, refinancing, and seizing property-related opportunities.

On average, there have been minor fluctuations in fixed buy-to-let rates, with the two-year rate holding steady at 5.62% and the five-year rate dropping slightly to 5.59%. For investors looking to borrow at 75% loan-to-value, Metro Bank offers the lowest two-year fixed rate at 4.19%, while Suffolk Building Society provides a competitive rate of 4.79% for those borrowing at 80% loan-to-value.

For those interested in a longer-term fixed rate, HSBC and Furness Building Society offer attractive five-year fixed deals at competitive rates. It’s essential for investors to carefully consider their options and seek advice before committing to any buy-to-let mortgage deal.