The lender, which offers its products exclusively through mortgage brokers, said the move would help support buy-to-let landlords across the UK.

New products include two-year tracker mortgages starting at 3.49% and two-year fixed rate deals from 3.99%.

Five-year fixed revert rates have been reduced to 4.09% with rental calculations now 125% of the pay rate. Some lifetime trackers now also offer reduced fees.

Alan Cleary, managing director of Precise Mortgages, said many landlords were looking to prepare themselves for future rate increases.

“We estimate the size of the buy to let market to be in the region of £30billion in 2015, of which 50% will be remortgages,” he said.

“In order to support landlords, who are left underserved by the high street, we continue to make changes to our buy to let range. Not only have we reduced our buy to let mortgage rates, we’ve also reduced the revert rate on our buy to let five year fixed rate product. This coupled with our 125% rental coverage calculation means we can help buy to let landlords rise the funds they need.”