Landbay has lowered rates across its limited edition range, which is now available for remortgage and new purchases.
All eight products have seen a 0.10% reduction in rates.
This includes 5-year fixed rate products at up to 75% loan-to-value (LTV) and an automated valuation model (AVM) supported range of 5-year fixed rate products available at up to 65% LTV, which uses AVM technology for quicker applications.
The new rates start at 4.59%, with all products benefiting from Landbay’s variable fee structure.
The product highlights include the Limited Edition Standard 5-Year Fixed at 75% LTV with a 5% fee starting from 4.79%, the Limited Edition Standard 5-Year Fixed at 75% LTV with a 2% fee starting from 5.39%, the Limited Edition AVM 5-Year Fixed at 65% LTV with a 6% fee starting from 4.59%, and the Limited Edition AVM 5-Year Fixed at 65% LTV with a 2% fee starting from 5.39%.
Rob Stanton (pictured), 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.”
Stanton added: “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.”
