Landbay has launched a new range of free valuation product transfer and remortgage products.
The buy-to-let lender is adding four new five-year fixed rate Summer Special products with free valuations. These are available up to 75% LTV on standard remortgages and product transfers. The four products also feature free administration with no application fees.
Rates start from 4.72% with a 3% fee and 4.32% with a 5% fee.
Additionally, Landbay is decreasing the rates of its two-year fixed Summer Special products by 0.20% up to 75% LTV on both standard and product transfer variants. Rates now start at 4.59% with a 2% fee and 4.09% with a 3% fee.
All products come with variable fee options for enhanced affordability and the entire Summer Specials range is exclusive to limited companies.
Rob Stanton (pictured), sales and distribution director at Landbay, said: “Landbay is an agile lender committed to changing our ranges quickly to suit broker demand – so our products always offer landlords the best possible choice. We can provide popular free valuation options and competitive rates because we can leverage the sophisticated technology on which Landbay is built – as well as our broad funding model. That combines to put us in a very good position to deliver fantastic, flexible products at attractive rates.”
