According to the lender, the new product has been launched to help property investors ride out a period of uncertainty in the market.

The lender has also announced a series of rate cuts across its existing five-year fixes

New rates include 2-year fixed from 4.55% and 5-year fixed from 5.06%

The changes improve on the previous maximum allowance of four storeys

The lender has also widened its acceptable criteria on buy-to-let properties

Rates now start at 4.24% at 75% LTV with a 6% fee

Rates to start from 2.87% following the cuts which come amid a number of criteria enhancements.

The lender's latest product launch follows significant broker demand.

The bank has made several changes to its buy-to-let proposition, making applications simpler and easier for brokers and their landlord customers.

The lender has announced changes to its buy-to-let offering as it seeks to make it simpler for brokers to find products for their clients.