Coventry Building Society and Nottingham Building Society have launched competitive new deals and cut rates on their buy-to-let mortgage ranges.
The new ranges have both been praised by Moneyfacts for their competitive rates.
Coventry has launched four new fixed-rate products.
It now offers the choice of a two-year fix charging 3.45% with a £1,249 fee or a two-year fix at 3.79% with a £500 fee. Both deals run to 31 January 2016 and are available up to 75% LTV.
It has also launched a five-year fixed rate at 4.39% to 31 January 2019 with a £1,249 fee, also to 75% LTV.
Its final fix is a two-year deal charging 3.65% to 31 January 2016 with a £500 fee, up to 70% LTV.
Coventry has also launched a new variable for term product priced at 3.79%, including a £999 fee, available up to 75% LTV.
All products include a free valuation up to a maximum of £700, and free legal fees for remortgages.
The products are also available through Godiva Mortgages, Coventry's intermediary arm.
Moneyfacts said: "The two-year fixed rate mortgage priced at 3.65% and the variable deal priced at 3.79% are both competitive when compared to similar products. Borrowers will also benefit from the generous incentive package."
Nottingham Building Society has reduced rates across its buy-to-let mortgage range.
The stand-out products are two and three-year fixed rate deals priced at 3.49% and 3.59% respectively.
Both mortgages are available up to 75% LTV, with the two-year deal charging a £1,499 fee and the three-year deal charging £1,999.
Moneyfacts said: "Both products include a generous incentive package of a free valuation as well as free legal fees for those remortgaging.
"The three-year fixed-rate BTL mortgage heads straight to the top of the Moneyfacts Best Buys while the two-year option appears in the top five when compared to similar products."
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