Landbay launches 70% LTV Premier products and cuts small HMO rates
The new Premier products are aimed at landlords with up to 15 mortgaged properties and are available to both individual and limited company borrowers.
Landbay has introduced eight 5-year fixed-rate products at 70% loan-to-value (LTV) within its Premier range, alongside rate reductions across its small house in multiple occupation (HMO) offering.
The new Premier products are aimed at landlords with up to 15 mortgaged properties and are available to both individual and limited company borrowers.
They include standard and remortgage automated valuation model (AVM) options, with a range of fee structures designed to give brokers greater flexibility when placing lower LTV cases.
Rates on the new 5-year fixes start from 4.52% with a 5% fee, rising to 5.52% with no fee, with additional pricing options at 2% and 3% fee levels.
At the same time, Landbay has reduced rates by 0.15% across its 75% LTV 2-year fixed small HMO products, including product transfers, reflecting continued demand for specialist buy-to-let (BTL) solutions.
Following the changes, rates now start from 4.74% with a 3% fee, with product transfer options beginning at 4.79%.
Rob Stanton, sales and distribution director at Landbay, said: “The market continues to place a strong emphasis on value and certainty, particularly for landlords looking to secure longer-term fixed rates at lower LTVs.
“By introducing these new 70% LTV five-year fixes, we are giving brokers additional options to support that demand with a clear and flexible pricing structure.
“At the same time, we know that Small HMOs remain an important part of many landlord portfolios, often requiring a more tailored approach.
“Reducing rates across these products, including for existing borrowers through PT options, ensures advisers have competitive solutions available for both new and refinancing cases.”
He added: “Our focus remains on maintaining a straightforward, well-structured range that gives brokers the confidence to place business efficiently.
“By combining targeted product additions with rate reductions, we are continuing to provide the choice and support needed across a wide range of landlord scenarios.”
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