Nottingham Building Society has expanded its buy-to-let (BTL) range with the launch of 80% loan-to-value (LTV) products.

The new products are part of a series of changes to provide more accessible BTL investment options for UK landlords.

In addition to its existing 75% LTV mortgages, the society has added two- and five-year fixed 80% products to its standard and limited company BTL ranges.

Nottingham Building Society has also increased the maximum number of properties a landlord can BTL through the organisation to five and reduced the minimum age of applicants from 25 to 21.

Elsewhere, the mutual will also now accept bounce back loans from special purpose vehicles. It will also be removing the need for business plans as part of any BTL mortgage application.

Nottingham Building Society sales director Matt Kingston says: “Our latest changes are designed to deliver a simpler, more flexible process that reflects the realities of today’s property market.”

“By opening our doors to more landlords, including younger applicants and those with non-traditional business structures, we’re reaffirming our commitment to embracing difference and fighting financial exclusion.