There are now six mortgage lenders offering more than 20 buy to let mortgage products with LTVs at 80%.

From December 2008 to May 2010 the highest achievable LTV for a buy to let mortgage was just 75% however today there are six lenders offering 80% LTV or above: Kent Reliance Banking Services, Saffron Building Society, Leeds Building Society, Aldermore Mortgages and most recently, Clydesdale Bank.

David Whittaker, managing director at Mortgages for Business, said: “This is great news for landlords and investors and demonstrates the growing confidence of lenders in this sector who see buy to let as more profitable than homeowner lending.

“Between them, there is a good range of products on offer from two year discounted trackers to five year fixed rates. Some even come with flat arrangement fees which really start to make sense for investors looking to borrow larger sums.”