"While some may point to obstacles, many landlords are still seeing openings, exploring investment opportunities with the expertise and advice of their broker"
- Rob Stanton - Landbay
Landbay has introduced a Summer Special range of buy-to-let (BTL) mortgage products, offering reduced rates of up to 0.44% compared to the lender’s existing options.
The new range includes five products: three five-year fixed rate mortgages and two two-year fixed rate alternatives. All are available up to 75% loan-to-value (LTV) and are aimed at standard property types.
The five-year fixed rate products start at 4.35%, while the two-year options begin at 4.39%. The five-year deals represent a rate cut of up to 0.44%, with the two-year products offering a 0.30% reduction.
Rates and fees vary depending on product selection:
Five-year fixed at 4.35%, with a 5% fee
Five-year fixed at 4.75%, with a 3% fee
Five-year fixed at 4.95%, with a 2% fee
Two-year fixed at 4.39%, with a 3% fee
Two-year fixed at 4.89%, with a 2% fee
These new products are available for loan amounts between £30,000 and £2 million. Landbay is also maintaining its variable fee structure, which the lender says offers improved affordability options for borrowers.
Brokers can compare the full range of products, including the Summer Special, using Landbay’s buy-to-let affordability calculator.
“These five new products are highly accessible, competitively priced and a strong addition to our product offering,” said Rob Stanton, sales and distribution director at Landbay (pictured). “With the launch of our new Summer Special range, things are certainly heating up here at Landbay.
“It is a fantastic testament to the strength of our tech-first approach, which enables us to identify opportunities, act quickly and deliver for our brokers and their landlord clients,” Stanton continued. “While some may point to obstacles, many landlords are still seeing openings, exploring investment opportunities with the expertise and advice of their broker. As a BTL lender, it’s important we give brokers the necessary tools to facilitate these deals and support the growth of successful property portfolios.”
