Buy-to-let lender Landbay has announced that it has strengthened its limited edition range with the addition of four new products for small houses in multiple occupation and multi-unit...

Rates now start from 3.69%

Despite the huge increase in monthly costs, Rightmove estimates that average payments are still £155 lower than their peak in July 2023.

Homes valued at up to £250k are seeing the biggest price cuts

The reductions follow the launch last month of three new limited-edition products

Padstow, Perranporth, and Sandbanks have seen house prices fall by as much as -4.6% in a single year.

The government is aiming for all rental properties to achieve a Band C EPC rating by the end of the decade.

Rates start from 5.15%

The lender has also increased its First Time Landlord criteria of maximum loan from £350,000 to £500,000

The latest rate reductions follow similar cuts the lender made on its two-year fixed-rate products at the end of February.