The number of buy-to-let homes purchased in Southern England has fallen to a record low, according to new data from Paragon.

Five-year fixes have seen the biggest increase in availability

The specialist BTL lender has announced that it is further strengthening its market position with the addition of L&C Mortgages to its panel.

The specialist buy-to-let lender has enhanced its offering following recent changes in swap rates.

The lender's new W3 range is comprised of two 5-year products aimed at borrowers who can "demonstrate that their problems are behind them."

Molo's full buy-to-let offering is now available to Network members following the move.

Despite the government rolling back on energy efficiency targets for BTL properties last year, it's still on the radar for a large number of landlords ahead of an investment.

The lender has also announced that it has reduced rates by up to 15bps.

The lender has also made further rate reductions on a selection of two and five-year fixed-rate products.

Rates on five-year fixed-rate buy-to-let mortgages start at 5.35%