"We are always assessing the market, listening to customers and looking at how we can make our range as competitive as possible to support both our broker partners and their landlord clients"
- Rob Stanton - Landbay
Landbay's product range now starts at 4.65% and is stressed at pay rate. Alongside a reduction in rates, adjustments to the minimum loan size have also been made.
All the products are available using Landbay’s variable fee structure for increased affordability.
Product highlights include:
· Standard 5 Year Fixed 75% LTV 4.89% 6% Fee (was 4.95%)
· Standard 5 Year Fixed 70% LTV 4.69% 7% Fee (was 4.75%)
· Standard 5 Year Fixed 55% LTV 4.65% 7% Fee (was 4.69%)
Rob Stanton, sales and distribution director at Landbay, said: “Our most recent landlord survey identified growing popularity around five-year fixed rates, with 51% of respondents reporting that they will choose this product when they next come to remortgage. Following this research, it’s great to be able to reduce rates once again across our five-year fixed-rate product range.
“Over the past few weeks, we have shown we’re not shy to re-price products when the opportunity presents itself. We are always assessing the market, listening to customers and looking at how we can make our range as competitive as possible to support both our broker partners and their landlord clients.”
