Rates in the range start from 4.35%.

Medium-term potential for growth has been upgraded due to a more relaxed approach to mortgage affordability tests.

Connect aims to expand its adviser base and deliver enhanced support to brokers operating in the specialist lending market.

The average buy-to-let rate is now 41 basis points lower than in Q1 2024.

The partnership aims to provide brokers with more choice for specialist and complex cases.

Brokers are significantly more open to using different providers than last year, the research found.

The change will support 12% more affordability-constrained buyers, with maximum loan amounts increasing by as much as 22%.

The range is designed for people from the African diaspora and other foreign nationals in the UK who struggle to get mortgages.

A typical customer on a two-year fix could save nearly £300 over three months.

The changes mean borrowers could qualify for around £19,000 in additional borrowing.