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While the lender will maintain a product range through its direct channel, advisers will have to wait for a re-launch "when market conditions allow".

A statement from the lender said: "The temporary withdrawal in the intermediary channel is to ensure we maintain high service levels on our core residential lending.

"It also reflects the demand we expect to see going forward as the buy to let sector contracts."

Abbey has also stripped back its range of buy-to-let (BTL) tracker products available direct to just one product at 6.15 per cent.

It has also launched a new buy-to-let range at 75 per cent loan-to-value (LTV) in the core, homebuyer and remortgage solution options.

David Stewart, media relations manager for Abbey, said: "The changes reflect the continuing market conditions, recent competitor moves and our commitment to maintain service levels."

For more on this article, see this week's edition of Mortgage Adviser.