Landbay has launched a summer special range of buy-to-let (BTL) products, cutting rates by up to 0.44% compared to its existing range.
The lender added five products, including three 5-year fixed rates at up to 75% loan-to-value (LTV) with rates starting at 4.35%.
The other two products are 2-year fixed rates, also up to 75% LTV, starting at 4.39%.
All products can be used for standard properties, with loan sizes from £30,000 to £2m.
The full range, including the new summer specials, can be checked by intermediaries using Landbay’s BTL calculator.
The summer special products are as follows: standard 5-year fixed up to 75% LTV with a 5% fee at 4.35%, a 3% fee at 4.75%, and a 2% fee at 4.95%.
For 2-year fixes, there is a 3% fee at 4.39% and a 2% fee at 4.89%.
Rob Stanton (pictured), sales and distribution director at Landbay, said: “With the launch of our new Summer Special range, things are certainly heating up here at Landbay.
“These five new products are highly accessible, competitively priced and a strong addition to our product offering.
“It is a fantastic testament to the strength of our tech-first approach, which enables us to identify opportunities, act quickly and deliver for our brokers and their landlord clients.”
Stanton added: “While some may point to obstacles, many landlords are still seeing openings, exploring investment opportunities with the expertise and advice of their broker.
“As a BTL lender, it’s important we give brokers the necessary tools to facilitate these deals and support the growth of successful property portfolios.”
