"This opens up new opportunities for the many landlords still looking to grow their portfolio and adds extra options for brokers to be able to support their clients. "
- Rob Stanton, sales and distribution director at Landbay
Buy-to-let lender Landbay has reduced rates across its limited edition range, which is now available for new purchases as well as remortgage.
All eight products in the range have seen a 0.10% reduction in rates. This includes standard five-year fixed rates available at up to 75% LTV, as well as the AVM-supported range. These are available up to 65% LTV and utilise AVM technology to deliver cost savings and greater efficiencies - with time to offer on average three-times faster than a standard application.
The limited edition range now starts at 4.59%, with all products benefitting from Landbay’s variable fee structure for enhanced affordability.
Rob Stanton, sales and distribution director at Landbay, said: “It is great to be able to kickstart 2025 with rate reductions across our popular limited edition range, all the while making this available for new purchases too. This opens up new opportunities for the many landlords still looking to grow their portfolio and adds extra options for brokers to be able to support their clients.
“We start the new year with the same ambition to ensure our product range is as competitive as possible and in tune with the demands and needs of the market. As ever, we will continue to identify opportunities where we can trim rates or introduce new products and take action quickly to ensure we are properly serving our broker partners and their landlord clients.”
