The Mortgage Lender (TML) has cut rates across its buy-to-let range and introduced a new cashback offer for landlords, as part of a wider refresh designed to support brokers and professional investors.

Rates on TML’s two and five-year standard buy-to-let products have been reduced by up to 0.15%, following a series of repricing moves across the specialist lending market in recent weeks.

The lender is also withdrawing its two-year £3,495 fee product and reintroducing a £2,495 fee option, giving borrowers greater flexibility when weighing up upfront costs against overall value.

In a further change, all five-year fixed HMO products will now come with a £500 cashback incentive, available for a limited period.

Steve Griffiths (pictured), commercial director for retail mortgages at Shawbrook, said: “Landlords continue to adapt to a changing market, and we’re focused on making sure our range evolves with them.

“By reducing rates and enhancing incentives, we’re giving brokers more tools to support clients who are refinancing or looking to expand their portfolios.

“This latest update reflects our continued commitment to offering products that are both competitive and flexible.”