Rates have dropped by up to 0.20% across the bank’s Near Prime range and by up to 0.15% across its Prime range.

This time last year (July 2023) average mortgage rates for a 2-year fix (85% LTV) peaked at 6.35%.

The lender has adjusted its rates following positive news with swaps

In addition to the launch of a new product range, Landbay has also made further rate reductions and new product additions.

The lender has launched two new products with a 3% fee

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Greater support is needed for landlords to invest in good quality homes for the private rented sector, argues Rightmove.

The lender has announced that following the reductions standard two-year fixed products now start from 4.04%

Open Property Group explores the six most common reasons that a chain breaks when you’re trying to sell a property.

The rate reductions come amid the launch of a new streamlined range of residential products.