TSB has reduced rates across its buy-to-let mortgage product range.

Notable cuts include the 75 per cent LTV two-year fix reduced from 2.49 per cent to 2.29 per cent, and on the 60 per cent LTV two-year tracker from 2.29 per cent to 2.09 per cent.

Both offerings are for house purchase only, and the latter deal includes a £995 fee.

Turning to remortgages, the 60 per cent LTV two-year fix has been cut from 1.44 per cent to 1.24 per cent, and the 60 per cent LTV two-year fix has been reduced from 2.14 per cent to 1.94 per cent.

The former product has a £1,995 fee, while the latter has no fees.

Furthermore, the 60 per cent LTV two-year tracker has been cut from 2.24 per cent to 2.04 per cent. This deal is for remortgage only, has a £995 fee, and the borrower can choose between free legals or £300 cashback.

TSB head of mortgages Nick Smith says: “There is a lot of activity in the BTL market at the moment, so these reductions will prove to be very attractive to either those landlords who are thinking of switching their mortgages, or those who are considering entering the market, perhaps for the first time.”