Post Office for Intermediaries is withdrawing a number of buy-to-let products on Wednesday to reprice.

The lender will not reveal details of the new rates until Wednesday.

Post Office is making the following withdrawals:

• At 75 per cent loan-to-value, a two-year fixed at 1.81 per cent with a £1,495 fee
• Also at 75 per cent LTV, a five-year fix at 2.12 per cent with a £1,495 fee
• At 60 per cent LTV, a five-year fix at 1.92 per cent with a £1,495 fee

The above products were available both on an income cover ratio basis and 

within its so-called “top slicing” buy-to-let range, which allow an applicant’s personal income to be used to make up any affordability shortfall, the following products. 

Separately, Newcastle for Intermediaries is withdrawing an 80 per cent LTV product from its residential range.

The lender says it has done so because the allocated tranche of funding has now been used up.

The deal was a variable rate discounted for two years by 2.51 per cent, which means it has a current pay rate of 1.45 per cent.

The product will be withdrawn at close of business today with decisions in principle and illustrations honoured until the end of Wednesday so long as sufficient funding remains.

The deal is available for purchase or remortgage and has a £999 fee.