Related topic: the mortgage works

The lender's lowest buy-to-let rate now stands at 2.29%.

Reductions apply to both new business and existing customer product ranges.

The buy-to-let lender has reduced rates across its new business products.

New business and switcher rates now start from 2.64%.

Maximum overall borrowing is also increasing to £7.5 million.

The Mortgage Works is introducing a decision in principle for limited company applications.

The lender is adding free legal options for limited company buy-to-let remortgages.

Rates have seen reductions of up to 0.15%.

The buy-to-let lender has introduced a sub-4% two-year fix at 75% LTV.

The latest rate reductions cover the lender's standard and limited company buy-to-let ranges.