The new products aim to meet the changing needs of landlords and property investors as the market evolves.

Alongside the three-year and popular five-year fixed products, the two- and 10-year options provide alternative choices for landlords managing interest rate risk.

The new two-year fix will help to provide a shorter commitment option for investors seeking flexibility with rates starting at 7.24%.

The new offering is launched alongside changes to how Shawbrook stress tests shorter-term fixes which allow for up to 20% increases in maximum loan sizes.

Meanwhile, the new 10-year fix is aimed to support investors seeking longer-term security for their investments with rates starting at 6.94%.

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The lender has also launched the same new products for its BTL range, with the two-year fix starting at 6.69% and the 10-year fix at 6.39%.

Alongside the introduction of the new fixes, the lender has also repriced some its BTL and commercial investment products and has made changes to its ERCs.

ERCs for BTL, commercial, and semi-commercial mortgages will now be linked to the fixed-rate term rather than the contractual loan term.

Daryl Norkett, head of real estate proposition at Shawbrook (pictured above), commented: "We understand that property investors need options to suit their strategy and it was crucial for us to widen our range of mortgages to meet individual needs. 

“These updates reflect feedback from our broker partners, and we're pleased to have responded promptly by providing them with more options and funding choices for their clients.

“We are continuously striving to deliver innovative solutions that support brokers and their professional landlord clients, especially during this rapidly evolving market.”