The Dorset-based society, which offers mortgages exclusively to teachers and those working in the education sector, has extended its rental calculation from 125% of the mortgage payment at 5.74% to the same percentage at 4.99%.

It has also relaxed criteria on how many properties a landlord can hold from three to eight, with Teachers able to lend on up to three of these properties, and cut the minimum earned income requirements to £15,000 per year.

Teachers has also lowered the fee on one of its pair of buy-to-let products. The lender’s 2.99% two-year variable discounted rate has had its arrangement fees cut from £2,399 to £1,899.

Colin Dorman, national account manager at Teachers Building Society, said: “We have two competitive buy-to-let deals available to education professionals in mainland UK and all buyers in Dorset.”