Landbay has expanded its Summer Special range with five new product transfer options and reduced rates on its 2-year and 5-year fixed deals.
The lender confirmed the new product transfer options are available up to 75% loan-to-value (LTV), with rates starting from 4.29%.
Both 2-year and 5-year fixed rate products have seen rate reductions of up to 0.10%.
Rates now start at 4.29% for standard properties, with loan sizes between £30,000 and £2m.
The Summer Special products include: product transfer standard 5-year fixed up to 75% LTV with a 5% fee at 4.29%; product transfer standard 5-year fixed up to 75% LTV with a 2% fee at 4.89%; product transfer standard 2-year fixed up to 75% LTV with a 3% fee at 4.29%; product transfer standard 2-year fixed up to 75% LTV with a 2% fee at 4.79%.
There is also a standard 2-year fixed rate up to 75% LTV with a 3% fee at 4.29%, and standard 5-year fixed rate up to 75% LTV with a 5% fee at 4.29%.
Rob Stanton (pictured), sales and distribution director at Landbay, said: “Since launch, our product transfer proposition has proven incredibly popular among landlords looking for an efficient and cost-effective way to refinance.
“Now, we bring these fantastic options to our new Summer Special range and strengthen what is already a competitive and hugely attractive suite of products.
“Adding in a rate reduction further sweetens the deal and reflects our commitment to jump on opportunities as soon as they present themselves.”
Stanton added: “The combination of our broad funding model, powerful technology and in-house expertise means we can continue to prioritise product choice, speed and agility to deliver for brokers and their landlord clients across the country.”
