Landbay has reduced rates by up to 0.10% across its limited edition and product transfer mortgage ranges.
Rates for the limited edition range now start at 4.39% for a standard 5-year fixed rate, up to 70% loan-to-value (LTV).
The offering includes eight products for remortgaging and new purchases, with options for small houses in multiple occupation (HMOs) and multi-unit freehold blocks (MUFBs).
The product transfer range rates decreased by 0.10% for 5-year fixed rate products, now starting at 4.44% for up to 75% LTV.
Small HMO and MUFB products were cut by 0.05% to a starting rate of 4.94%.
Rob Stanton (pictured), sales and distribution director at Landbay, said: “As ever, we remain agile in the current market and respond to opportunities to cut rates and ensure our product range is competitive as possible.
“We continue to demonstrate that we’re not shy of passing on reductions at the earliest opportunity in what is our sixth round of reductions already this year.
“Given how popular our new product transfer range has proven to be, it’s fantastic to be able to bring forward further reductions – including to valuable HMO/MUFB options in the range.”
Stanton added: “Product choice, speed and agility have to be key hallmarks of a lender in the current market – particularly in the buy-to-let sector.
“Fortunately, our tech-first approach and broad funding model allows us to achieve this.”
