The bank is also launching a new range of two-year fixed rates.

The lender has introduced product switch rates for landlords with large HMOs and multi-unit freeholds. 

Rates in the range start from 4.04%.

The lender has removed the maximum accepted annual rental limit – previously set at £100,000.

The new range caters to buy-to-let and holiday let customers across England, Scotland, and Wales.

Landlord borrowers can choose between lower rates or lower fees.

The change allows landlords to apply for a buy-to-let remortgage from the first day post-purchase of the property.

The lender has cut rates on its two-year product transfer range for existing customers.

The new criteria enhancements cover residential and buy-to-let applications.

The lender has launched new holiday let and residential remortgage products.