"We are continuing to improve our mortgage offering across the board to help customers make their buy to let aspirations a reality"
According to the lender the new products are designed for those buying their first BTL property, or someone who aspires to own one or two investment properties, and combine manageable upfront costs with great ongoing value.
Included in the range will be:
60% LTV three-year fixed rate at 2.28% (£995 fee)
70% LTV two-year fixed rate at 1.93% (£995 fee)
70% LTV five-year fixed rate at 2.78% (£995 fee)
75% LTV two-year fixed rate at 1.98% (£995 fee)
Owen Woodley, Managing Director Post Office Money said: “Property is still an attractive investment for many; however factors such as the increased stamp duty tax on additional properties mean people are shopping around for the best deal to keep costs down. We are continuing to improve our mortgage offering across the board to help customers make their buy to let aspirations a reality. We know that many of our BTL customers will be first time landlords and as a result, we have aimed our new market-leading deals at the 'cost conscious aspirational investor'.”
