Landbay has reduced rates by up to 0.35% across its premier, core and specialist buy-to-let ranges, with rates now starting from 3.44%.
In addition, Landbay has launched eight new specialist products, expanding its 65% LTV offering within the small HMO and MUFB ranges, while expanding its Tier 2 criteria to provide greater flexibility for landlords with minor credit blips.
Premier is a range of standard and HMO products for borrowers with up to 15 mortgaged properties. Available to both individual and limited company landlords, it offers some of Landbay's most competitive rates. Two-year fixed rates at 75% LTV have reduced by 0.15%, with rates now starting from 3.44%, while five-year rates now start from 4.69%. In addition, nine small HMO products have reduced by up to 0.15%, with rates from 4.69%, while assisted legals five-year fixes have also seen reductions, now available from 5.67%.
The core range is available on standard properties for individuals, limited companies and LLPs. It supports landlords with portfolios of any size and includes AVM options. Two and five-year fixed products, including Tier 2 and product transfer ranges, are down by up to 0.35%, with two-year fixed rates from 4.29% and five-year fixes from 5.04%.
Specialist products cover holiday lets, HMOs, MUFBs and trading companies. Landbay's small HMO and MUFB products have reduced by up to 0.35%, with two-year fixed rates from 4.64% and five-year rates from 5.69%. Holiday let rates are down by up to 0.25%, starting from 4.69%, while trading company products have reduced by up to 0.15% with rates from 4.79%.
Rob Stanton, sales and distribution director at Landbay, said: "While market conditions remain volatile, we're committed to reacting quickly when opportunities arise to improve pricing, helping brokers access lower rates across our premier, core and specialist ranges alongside an expanding product offering.
"These latest reductions, together with the launch of new 65% LTV products and the expansion of our Tier 2 criteria, give brokers even more options to support landlords with a wide range of borrowing requirements.
"We know advisers need a combination of competitive pricing, product choice and certainty of service. That's why we're continuing to invest across our range, helping brokers place both straightforward and more specialist buy-to-let cases with confidence."
