Buy-to-let purchase searches down 13.67% year-on-year, while remortgage searches up 6.05%.

New rates start from 2.64% across certain two-year fixed products.

Last month, the lender announced that it had introduced a range of new limited edition products across both its buy-to-let and residential owner-occupier mortgage ranges.

36% of landlords now feel positive about the future of their buy-to-let businesses, compared with 18% after last year’s Autumn Budget.

Arc & Co. and GB Bank have completed three buy-to-let transactions worth a total of £19.5 million across London and the southeast.

Shawbrook has refreshed its buy-to-let range, introducing new specialist products and flexible options to give brokers greater choice and speed when supporting landlords.

Following the reductions, the lowest rate now available is 3.39% on Premier two-year fixed products.

New five-year select fixed-fee products start from 5.49% to 5.74%, up to 75% LTV.

Buy-to-let rates begin at 4.05% on two-year products up to 75% LTV.

New data from Reapit suggests that retirees could benefit from a National Insurance exemption on rental income, making buy-to-let investment more attractive for older landlords.