The lender said landlords and property investors would benefit from a wider range of mortgage deals, including mortgages for limited companies and specialist properties.

Those operating in the commercial mortgage sector will now be able to access products from the standard range. This includes two, three and five-year fixes with rates starting from 4.18%.

The maximum loan-to-value has also been increased to 80% from its previous level of 75%.

Aldermore said the changes followed a market study which asked what products investors would like to see. The bank said landlords believed too many restrictions were placed on them by lenders.

Other product enhancements include:

• Increasing the maximum term from 20 years to 35 years;
• Increasing the mortgage term on interest-only up to 35 years from 10 years;
• Reducing early repayment charges; and
• Removing the fixed rate booking and commitment fee (previously £500 booking fee and 0.5% commitment fee)

Charles Haresnape, group managing director of mortgages at Aldermore, said: “The revamp we have introduced today across our entire buy to let mortgage range clearly demonstrates our commitment to the buy-to-let market and shows we will not sit still.

“Our new range covers the full and broad spectrum of buy-to-let, from the simple to complex, catering for all types of broker and landlord, including those companies that own buy to let property, which is a feature that may be more attractive to some borrowers post the recent budget changes.

“These changes have been introduced in response to feedback from our broker and landlord customers. As a relatively new entrant to the banking sector, it is imperative that we listen to our customers’ needs and we are constantly looking at ways to innovate and evolve.”