The lender has also added a 5% overpayment function across its entire buy-to-let mortgage range.holi

Rob Stanton, sales and distribution director at Landbay, says that while commonhold could transform buy-to-let by cutting costs, success depends on simplified governance and swift,...

The move means individual applicants can now access products that were exclusive to SPVs.

Premier, core and specialist rates have reduced by up to 0.25%.

Two new Premier products were launched last week, including a two-year fixed remortgage at 4.49%.

2-year fixed rate remortgages are now available at 4.49%, max 75% LTV, with a 2% fee.

Perhaps reflecting expectations around interest rates, tracker mortgages have also grown in preference.

Buying intentions have also rebounded, with 52% of landlords intending to purchase new rental properties in the next 12 months.

The Bank has announced several new hires in its underwriting department.

Landbay has launched a new suite of fixed-rate holiday let products for landlords and redefined its product types for BTL borrowers.