Mix the buttermilk, eggs, and vanilla together. Set the liquid mixture aside.
In another bowl mix the flour, sugar, malted milk powder, baking soda, and baking powder together.
Then, combine all of the ingredients together. Make sure not to over mix the batter, because this causes the waffles to come out tough and chewy.
Gently fold the melted butter in the batter.
Then, gently fold in the peaches into the waffle batter.
Let the mix rest for about five minutes to allow the baking soda and baking powder to activate so that the waffles cook properly and fluff up.
While the batter is resting, turn on your waffle maker so that it can heat up to the appropriate cooking temperature. Set the waffle maker to the desired temperature. (I like to set my waffle maker at a 4 setting to get a crispy brown waffle. Check your waffle temperature adjustments for the desired temperatures on your waffle maker.)
When ready to cook your waffles, make sure to grease your waffle maker. I just use baking spray.
Add your batter to the waffle maker, adding the batter to the center of the waffle maker and then spreading the batter ensuring the batter has covered the entire area of the waffle maker that holds the batter during the cooking process.
Close the waffle maker and cook according to your waffle makers instructions. As mentioned above, I like to cook my waffles at a 4 setting, which cooks the waffle for about 3 to 4 minutes producing a crispy golden brown waffle.