The Mortgage Works (TMW) has withdrawn its range of tracker mortgages for buy to let borrowers.
The deals have been removed for new business and existing borrowers due to low demand, TMW confirmed. The lender will continue to review its range, but currently has no plans to reintroduce the products.
If a tracker deal has already been reserved, TMW will continue to progress the application.
TMW reintroduced trackers last month, after removing the deals from its range in March.
Samantha Partington is a freelance trade and consumer journalist writing about property and personal finance. Previously she worked worked for the Daily Mail and Property Week. She is the former deputy editor of Mortgage Solutions and editor of Specialist Lending Solutions.
Before becoming a journalist, Samantha worked as a mortgage broker and latterly for a mortgage, bridging and secured loan lender. Samantha is CeMAP qualified. Follow her on Twitter @SamJPartington1.