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Specialist buy-to-let lender BM Solutions is cutting fixed rates by up to 0.71 percentage points from tomorrow . The lender’s two-year fixed rate deals for remortgage (65percent LTV) are being cut by the full 0.71 percentage points and will start from 6.51percent. Five-year fixed rates are cut by up to 0.4 percentage points and start from 5.71percent. Bank of Ireland has cut rates for remortgage customers in its residential and buy-to-let ranges.

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At 75percent LTV rates start at 5.35percent for a two-year fix (1,495 fee and 500 cashback) for remortgage customers or 5.39percent over five years with no fee. At 75percent LTV two year fixed rates start from 4.29percent and five-year rates are from 4.79percent. These deals are for purchase or remortgage and all carry a 3percent arrangement fee. Skipton building society is the latest lender to reduce the cost of its fixed-rate mortgages – its fourth rate cut this month.