Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Solutions. Read the original article for full details.

Together Launches Lower-Rate Buy-to-Let Products for Portfolio Landlords

Specialist lender Together has launched a new lower-rate proposition for buy-to-let (BTL) landlords seeking more than £1 million in finance. The new offering is aimed at portfolio landlords with two or more properties and provides rates below Together’s standard BTL range.

The lender’s new proposition is available across both first and second charge BTL products for loans above £1 million. First charge rates start at 4.69% for a two-year fixed mortgage, while second charge products are priced at 25 basis points above the first charge equivalents. Lender arrangement fees are set on a sliding scale.

Together stated that landlords have faced rising rates, increased tax pressures, and the impact of the Renters’ Rights Act in recent years. These factors have led to greater interest in portfolio restructuring and optimisation. The company reported an increase in enquiries related to structured finance and portfolio optimisation.

Portfolio landlords using the new proposition will benefit from a single affordability assessment, one monthly direct debit, one maturity date, and one personal guarantee across their portfolio. Together has an £8.4 billion loan book.

This development is relevant for UK letting agents and inventory clerks as it reflects a shift in landlord financing strategies, with more landlords seeking portfolio-level solutions rather than individual property loans.