Rates start from 4.27%.

The change allows landlords to apply for a buy-to-let remortgage from the first day post-purchase of the property.

Simon Jackson, managing director of SDL Surveying, says there are some optimistic predictions for 2025, which could help bring us back to a more competitive remortgage market.

The lender has launched new holiday let and residential remortgage products.

Product transfer and Retrofit Boost rates have seen some of the largest rises.

Affected products include remortgage, Fix and Switch, Retrofit Boost and product transfers.

Compared to 12 months ago, remortgage searches are 3.16% higher and first-time buyer searches rose by 9.99%.

The remortgage service makes use of PEXA’s technology, with Optima Legal providing borrowers with an online case tracking portal.

Residential and buy-to-let product rates have reduced by up to 0.41%.

Remortgage, buy-to-let and product transfer rates are among those affected.