Related topic: Buy-to-let

The lender will now consider first-time landlords for HMOs and MUFBs and has increased its maximum loan size.

Pepper's lowest buy-to-let rate is now 3.94%.

The specialist lender will reduce rates by 5 basis points across all new business products.

The five new additions are all priced at 5.09% with different fee levels.

Borrowing demand within the buy-to-let sector remains resilient and closely aligned with the wider recovery seen across the mortgage market.

The partnership will allow Molo to deliver an enhanced digital journey for its intermediary partners.

The lender has also reduced buy-to-let purchase and remortgage rates by up to 12bps.

Selected buy-to-let rates in its broker exclusive and product transfer ranges have also seen increases.

Rates have reduced by up to 0.20% across the range.

The criteria revamp is designed to make complex cases easier to place.