Post Office has emailed brokers to let them know it is withdrawing scores of buy-to-let products at 5pm today.

The lender is taking a substantial number of deals off the market and will publish details of its new product range after 5pm.

The withdrawals include products based on an income cover ratio including:

• At 60 per cent loan-to-value, two-year fixed rates starting from 1.42 per cent with a £1,995 fee and £500 cashback
• At the same LTV five-year fixed rates starting from 1.88 per cent with a £1,995 fee and £500 cashback
• Alternative lower fee and fee-free options
• At 75 per cent LTV two-year fixed rates starting from 1.61 per cent with a £1,495 fee
• At the same LTV five year fixed rates starting from 2.11 per cent with a £1,995 fee and £500 cashback

Post Office is also withdrawing the equivalent products in its so-called “top-slicing” range, which factor in landlords’ personal income.