Rates available up to 80% LTV start from 4.14%.

The lender said the change complements TMW’s earlier steps to incorporate its first-time landlord range into the core buy-to-let range.

Henry Jordan, managing director of TMW, said: “This move offers another option for those looking to invest in buy-to-let for the first time, further demonstrating TMW’s leadership and commitment to the buy-to-let market.

“With the majority of lenders capping LTV at 75%, this is a positive change that is likely to be welcomed by both intermediaries and buy-to-let customers.”

The move is in contrast of the attitude within the sector earlier in the year.

In April this year, the Financial Conduct Authority (FCA) was vocal about its concern that buy-to-let mortgages could be misused by borrowers looking for an easier route to owning their own home.

The regulator noted that buy-to-let mortgages are not assessed using the same affordability model as a residential mortgage making it an attractive option for fraudsters.

The preponderance of “gaming” by first-time buyers led to BM Solutions pulling out of the market in the same month, having loosened its criteria the previous month to allow first-time buyers to apply on the condition that it was a joint application and one applicant already owned a UK property.