Pepper Money has reduced property rates and added free valuations across its buy-to-let (BTL) range.
The reductions include fixed products with terms of two, three and five years, including a reduction of up to 0.35% at a loan-to-value (LTV) of 85%.
Several Limited Edition products have also been tightened, including the Pepper48 five-year 75% LTV limited edition (minimum £350,000 loan amount), now from 4.79%, and the five-year Pepper48 Limited Edition, reduced to 5.04%.
In addition, free ratings have been introduced for Pepper48 and Pepper36 BTL products.
The change applies to both individual and unnamed borrowers.
Paul Adams, sales director at Pepper Money, said: “By reducing prices across our Pepper48 range and removing valuation fees for Buy to Let products, an area we will be paying particular attention to in 2026, we are making it easier for advisers to place more business with confidence.”
Elsewhere, Newcastle for Intermediaries has reduced rates on its retention products.
The lender’s rates have been reduced by up to 0.14%, starting at 3.69% for a two-year fixed rate at a 70% LTV with a £1,999 fee.
Coventry for intermediaries is also making changes from tomorrow (15 January).
All end dates on residential products for new and existing borrowers have been extended.
In addition, the end dates for BTL and BTL limited company products for new and existing loans have also been extended.
For existing loans, BTL rates and corporate BTL rates have been reduced for all fixed deals.
Meanwhile, Nottingham Building Society will reduce rates on its residential new business products and extend the end dates of its fixed rates, from 16 January.
The association has reduced the fixed rates for homes by up to 0.10% and the end dates have been extended.