Selected two-year fixed Specialist, Holiday Let, and Ex-pat products also received a 10bp reduction.

The new holiday let range expands Vida’s specialist BTL offering.

The lender's Premier like-for-like 2-year fixed rate remortgage is offered at 4.49% with a maximum 75% LTV.

The society's 70% LTV expat BTL product has been reduced by 81bps, now 5.59%.

Redwood has reduced stress rates across residential BTL and commercial mortgage products.

Millennials are projected to establish 33,395 buy-to-let companies in 2025, a 142% increase since 2020.

Rental yields of around 6% place Belfast above the UK average for property investment returns.

The lender has reduced rates by up to 0.15% across 2-year and 5-year BTL products.

The lender's new buy-to-let limited edition mortgages start at 4.64% for multi-unit freeholds.

Landlords in Wales achieved an average gross yield of 8.84% in Q3, up from 8.59% in Q2, according to newly released data from Paragon Bank.