"We’re delighted to cut the rate of our most popular product with the aim of helping our broker partners support even more landlords."
Nine products have seen a reduction in rates, including its standard five-year fix which now starts at 3.35%.
The new rates will be available via intermediaries using either Landbay’s packager partners or their panel of networks or mortgage clubs, with recent additions including The Mortgage Compliance & Insurance Club and The Right Mortgage & Protection Network.
Other recent product enhancements include maximum loan sizes being increased to £2m and an extension of the maximum loan term from 25 to 30 years, as well as a range of reductions in rates and fees.
Paul Brett, managing director of intermediaries at Landbay, said: “It’s crucial to keep our finger on the pulse of the buy-to-let marketplace and today’s suite of product changes will keep our offering as competitive as possible.
“As part of our refresh, we’re delighted to cut the rate of our most popular product with the aim of helping our broker partners support even more landlords.”
