Rely has reduced buy-to-let rates by up to 25bps across a range of fixed products for small, medium and large landlords, including its recently launched limited edition range.

Rely has completed a £2.4m MUFB remortgage for a portfolio landlord, secured against a refurbished 55-unit freehold block in Northumberland.

Rely has launched a limited edition buy-to-let range for non-portfolio landlords, with rates from 3.51% and lower minimum loan sizes across its products.

The deal completed in eight weeks despite an initial nine-week deadline and the Christmas period.

Rely’s platform aims to cut overall application processing time by at least 25%.