Related topic: Buy-to-let

The changes apply to  first and second charge variable rate mortgages, buy-to-let variable, and bridging products.

Anna Lewis, commercial director at Castle Trust Bank, explores why we should look ahead to 2026 with quiet optimism.

The lender has also reduced rates for existing landlord customers looking to product switch.

The new remortgage range comes with cashback between £500 and £1,000.

Applicants can now opt for a bridge or development loan of up to 24 months followed by a buy-to-let which can run up to three years. 

The lender has reduced fixed and variable rates by up to 0.15%.

The lender delivers rate reductions of up to 25bps and broadens HMO eligibility to support landlord affordability.

The products have no early repayment charges and a choice of 2% and 5% fee options.

The Society says the change reflects the growing demand from landlords to place their investment properties in a SPV.

The bank says the move aims to boost landlord affordability and rental supply.