Related topic: Buy-to-let

The Bank has also introduced new exclusive residential purchase and remortgage deals.

The lender is also reducing its existing portfolio rental calculation stress rate.

Reductions also cover holiday let and HMO products.

The Society will accept first-time landlords, including expats.

Sam previously spent almost 12 years as a buy-to-let mortgage underwriter at Paragon Banking Group.

Two-year fixed rates have launched from 5.20%.

The change will increase the volume of lending that can be provided to borrowers.

The lender has also released new F1 standard buy-to-let products.

The product is designed to give investors and developers increased flexibility in the short-term.

Steve Cox, chief commercial officer at Fleet Mortgages, explores why he thinks the buy-to-let sector will be driven by the 'fundamentals', not the Spring Budget, in 2024.