Landbay has launched a new 'Summer Special' range of standard buy-to-let products, with rate reductions of up to 0.44% compared to existing product lines.
The new range adds five new products to the Landbay line-up, including three new five-year fixed rate products – available at up to 75% LTV with rates starting at 4.35%. The remaining new products are two-year fixed rates – also available at up to 75% LTV with rates starting at 4.39%.
The new two-year products are 0.30% lower than Landbay's current products, while five-year rates improve by 0.44%.
All products are suitable for standard properties and for loans ranging from £30,000, up to £2 million. Landlords can also take advantage of Landbay’s variable fee structure for enhanced affordability.
Rob Stanton, sales and distribution director at Landbay, said: “With the launch of our new Summer Special range, things are certainly heating up here at Landbay. These five new products are highly accessible, competitively priced and a strong addition to our product offering.
“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. 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 buy-to-let lender, it’s important we give brokers the necessary tools to facilitate these deals and support the growth of successful property portfolios.”
