"We're thrilled to expand our like-for-like range. The standard fixed-rate product offers flexibility for new remortgages, while the product transfer variant streamlines the process for existing customers"
- Rob Stanton - Landbay
Landbay has expanded its Premier like-for-like range with two new 2-year fixed products designed to help landlords improve affordability and manage remortgage pressures.
Landbay is offering a 2-year fixed rate remortgage at 4.49% with a maximum loan-to-value (LTV) of 75% and a 2% fee. In addition, a product transfer (PT) version is available at 4.54% with the same LTV and fee, designed specifically for existing Landbay loans approaching reversion.
Both products have a minimum loan size of £30,000 and a maximum of £2 million, accommodating a wide range of portfolio needs. Stress testing is calculated at the pay rate or 4.50%, whichever is higher, reflecting Landbay’s focus on robust affordability assessments that brokers and clients have found popular.
“These new Premier like-for-like products are a direct response to the ongoing challenges landlords face in today's market, particularly around affordability,” said
Rob Stanton, sales and distribution director at Landbay, said: "These new Premier like-for-like products are a direct response to the ongoing challenges landlords face in today's market, particularly around affordability."
"By introducing these competitive 2-year fixes, we’re providing further help with affordability. This not only gives landlords much-needed breathing space when remortgaging but also equips our broker partners with a stronger toolkit to secure deals efficiently.
He added, “We're thrilled to expand our like-for-like range. The standard fixed-rate product offers flexibility for new remortgages, while the product transfer variant streamlines the process for existing customers. In a sector where remortgage volumes are expected to remain elevated—with billions in buy-to-let mortgages maturing soon—these launches highlight our focus on innovation and responding to the market.
“Ultimately, these products are designed to support the increase in demand for 2-year fixed rate products, empowering landlords to make informed decisions without the pressure of extended lock-ins. We're committed to evolving our offerings based on real market insights, and we encourage intermediaries to use our buy-to-let affordability calculator to explore how these fit their clients' needs.”
