"These latest changes represent a significant enhancement to our Premier range and provide brokers with even more competitively-priced options across a broad range of landlord requirements"
- Rob Stanton - Landbay
Landbay has cut buy-to-let mortgage rates across more than 50 products in its Premier range, with reductions of between 15 and 40 basis points covering two-year fixes, small HMO products, remortgage options, and five-year fixed-rate deals.
The Premier range covers standard and HMO products for landlords with up to 15 mortgaged properties, available to both individual and limited company borrowers. It features some of Landbay's most competitive pricing across purchase, remortgage, and product transfer cases.
The largest reductions fall on the Premier 75% LTV two-year fixed-rate range, where 10 products have been cut by 40 basis points. Rates now start from 3.39% with a 5% fee, rising to 5.89% on a zero-fee basis.
Small HMO two-year fixes at 75% LTV have been reduced by 30 basis points across four products, with rates now starting from 4.59% with a 3% fee and 5.59% on a zero-fee option. The 23 Premier remortgage five-year fixes, which include a free valuation, have seen cuts of up to 20 basis points, with selected products available at 4.62% with a 5% fee and 5.64% with zero fees.
Across the 21 Premier five-year fixed 75% LTV products, covering standard purchase, remortgage, product transfer, and small HMO, rates have been reduced by 15 basis points, with selected options at 4.59% with a 5% fee and 5.62% with zero fees.
"These latest changes represent a significant enhancement to our Premier range and provide brokers with even more competitively-priced options across a broad range of landlord requirements," said Rob Stanton, sales and distribution director at Landbay.
"While the headline reduction is the 40 basis point cut to our 75% LTV two-year fixed-rate products, we have also made meaningful reductions across our Small HMO, remortgage and five-year fixed-rate ranges. This ensures advisers can access strong pricing whether they are supporting purchase, remortgage, product transfer or specialist property cases.
"Our focus remains on providing brokers with choice, flexibility and value. By making reductions across more than 50 products, we are seeking to support advisers and their landlord clients with a comprehensive range that remains competitive across multiple sectors of the buy-to-let market."
