Landbay reduces rates on core product range

Landbay has reduced the rates on its core product range by up to 0.24%, making its range of buy-to-let mortgages even more competitive. In addition, Landbay has launched new products which include:

• Multi-unit freehold block (MUFBs) mortgages are available for first-time landlords starting from 3.49%. This joins the new HMO products for first-time landlords that Landbay launched (last) week.
• New large loan 65% LTV 5-year cashback products starting at 3.24%
• Green buy-to-let mortgages reduced by up to 0.14% now starting at 2.99%

This is now one of the most broadly competitive specialist buy-to-let mortgage ranges in the market. 

Paul Brett, Landbay’s managing director, 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.”

ENDS

About Landbay

Established in 2014, Landbay is a multi-award-winning lending platform for prime residential buy-to-let mortgages, with funds originating from institutional investors.

Landbay was recently announced at number 6 in Deloitte’s Fast50 of the fastest growing technology companies in the UK and number 11 in the FT1000 – the Financial Times’ annual list of the fastest growing European companies. Landbay won a further eight awards in 2019 in recognition of growth and excellence within the industry.

Landbay is an FCA regulated company, a member of UK Finance and is based in London (UK).

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