Sainsbury’s Bank has extended its mortgage range with the launch of two-year and five-year BTL products for landlords with a portfolio of up to three properties.

The new purchase and remortgage products, available only through the bank’s network of brokers, provide loans up to £1m at 60% loan-to-value (LTV) and £500,000 up to 75% LTV.

Product highlights in terms of five-year fixed rate deals for purchase at up to 75% LTV include a 3.06% deal with no fee, 2.81% with a £995 fee and 2.71% with a £1,995 fee. Meanwhile, two-year fixes are available at 2.61% with no fee, 2.05% with a £995 fee and 1.88% with a £1,995 fee.

David Buxton, head of banking at Sainsbury’s Bank, said: “We are delighted to introduce our buy-to-let and consumer buy-to-let products as we’re keen to begin to help smaller investors and non-portfolio landlords manage their mortgage outgoings.”