"The buy-to-let mortgage market is changing, purchases are down and remortgages are up by 12.5% last year."
The range is available up to 80% LTV and completion fees, which range from 1.5 to 2%, can be added to the loan.
Initial rates start at 3.44% for a two-year fix and 3.70% for a five-year fix at 70% LTV.
A fee-free £500 cashback remortgage product is also available for limited company applicants with rates starting at 4.02% for a five-year fix.
Products cate for individual, HMO and multi unit block applicants and come with free standard legal fees and no application, valuation or transfer fees.
Keith Street, chief commercial officer at The Mortgage Lender, said: “The buy-to-let mortgage market is changing, purchases are down and remortgages are up by 12.5% last year.
“We expect that trend to continue and for remortgages to make up as much as two thirds of activity in the market over the next few years.
“Our new product is our response to that change in the market. It addresses the borrower and intermediary need for a simple, easy to execute, real life lending choice for those looking to refinance their buy-to-let properties.”
