Related topic: Buy-to-let

The lender has reduced rates on its special edition buy-to-let products.

Rates start from BBR plus 1.00%.

All Landbay’s Premier products continue to feature variable fee options – from zero up to 5%.

Two-year fixed rates now start from 2.85%.

Rates across Foundation's buy-to-let lending proposition have reduced by up to 0.25%.

Rates have reduced by up to 0.11% across standard and limited company products.

The lender is also extending product end dates to 31st October.

Allica says the change could save business owners as much as £300,000.

The buy-to-let lender has added five new PT products across its core and specialist ranges.

The Bank says the appointment will support the growth of its buy-to-let lending and forge stronger relationships with brokers.