Specialist lender Landbay has reduced the rates of its standard 2-year fixed rate buy-to-let mortgage products.
The lender has introduced a 65% loan-to-value (LTV) 2-year fix at 5.24% and reduced its 75% LTV 2-year fix by 0.40% to 5.29%. Both products have a 3% fee.
Paul Brett (pictured), managing director, intermediaries at Landbay, said: “Last week we reduced our entire 5-year fixed rate buy-to-let range and this week it’s the turn of our 2-year fixes.
“With uncertainty in the market around the future direction of rates and when they will stabilise, our repriced 5- and 2-year fixed rate options give brokers and their landlord clients choices.”
