Landbay unveils non-portfolio landlord products

Landbay has launched a number of buy-to-let products for individual landlords.

Rates on the products start from 3.14% for the two-year fixed rate and 3.44% for the five-year fixed rate to 75% loan-to-value.

The range comes with a free valuation for remortgages and a maximum loan size of £1m.

Paul Brett, managing director of Intermediaries at Landbay, said, “Now is a great time to invest in buy-to-let properties and demand in the buy-to-let sector is booming.

“Rent is increasing across the country, the stamp duty holiday is rumoured to be extended by three-months and house prices continue to rise.

“It is no surprise to see more and more first-time landlords looking to invest, and those with one or two properties looking to increase their portfolios.

“Adding these products to our already market-leading range will ensure we fully support this growing number of potential landlords.

“Combined with our new calculator, cutting-edge technology and exceptional service, our product range caters for every client, whether new to the sector, or purchasing their latest portfolio property.”