Landbay reduces rates and launches new MUFB first-time landlord range

Landbay has reduced the rates on its core product range by up to 0.24%.

Related topics:  Mortgages
Rozi Jones
19th July 2021
Paul Brett Landbay
"We constantly look to revise our range to make sure that it is highly competitive across every type of specialist buy-to-let mortgage."

Amongst the reductions are the lender's green buy-to-let mortgages which have been cut by up to 0.14% and now start at 2.99%.

In addition, Landbay has launched new products which include multi-unit freehold block (MUFBs) mortgages available for first-time landlords starting from 3.49%. This joins the new HMO products for first-time landlords that Landbay launched last week.

Landbay has also launched new large loan 65% LTV five-year cashback products starting at 3.24%.

Paul Brett, Landbay’s managing director of intermediaries, commented: “We constantly look to revise our range to make sure that it is highly competitive across every type of specialist buy-to-let mortgage. With our new competitive green products, plus MUFB and HMO mortgages for first-time landlords, as well as an attractive standard and new build range, we believe that we have something for every landlord.”

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