The Mortgage Works (TMW) has revamped its buy-to-let mortgage proposition.

Changes include the launch of a new two-year tracker at 75% LTV, a new lifetime variable rate product, and improvements on selected fixed rate products by up to 0.60%.

The two-year tracker is priced at 3.99% and is available up to 75% LTV. It comes with a 3.50% fee and is available for purchase and remortgage.

Meanwhile, the lifetime variable rate is priced at 4.99% and is available up to 65% LTV. It comes with a 1.75% fee and is also available for purchase and remortgage

Further cashback options are also now available on selected products for purchase and remortgage.

Tracie Pearce, head of product management and pricing at The Mortgage Works, said: “We are very pleased to announce new buy-to-let products and rate improvements on existing fixed rate products