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Landbay Reduces Rates

Landbay has reduced the rates on its core product range by up to 0.24 per cent, making its range of buy-to-let mortgages even more competitive. In addition, Landbay has launched new products which include:

  • Multi-unit freehold block (MUFBs) mortgages available for first time landlords starting from 3.49 per cent. This joins the new HMO products for first-time landlords that Landbay launched (last) week.
  • New large loan 65 per cent LTV 5-year cashback products starting at 3.24 per cent
  • Green buy-to-let mortgages reduced by up to 0.14 per cent now starting at 2.99 per cent

This is now one of the most broadly competitive specialist buy-to-let mortgage ranges in the market.

Paul Brett, managing director of Landbay, said: “We constantly look to revise our range to make sure that it is highly competitive across every type of specialist buy-to-let mortgage. With our new competitive green products, plus MUFB and HMO mortgages for first-time landlords, as well as an attractive standard and new build range, we believe that we have something for every landlord.”