Buy-to-let lender Landbay has launched a new range of limited edition remortgage products including standard five-year fixed rate products, available at up to 70% and 75% loan-to-value, with rates starting at 4.69%.
Landbay’s AVM-supported range has also been extended with the addition of new standard remortgage five-year fixed-rate products. These are available at up to 65% LTV, with rates also starting at 4.69%.
The new additions, along with Landbay’s full product range, are available for intermediaries to view and compare using the lender’s buy-to-let affordability calculator. In addition, products are available using Landbay’s variable fee structure for enhanced affordability.
New limited edition products include a standard 5-year fix 70% LTV @4.69% with a 6% fee, a standard 5-year fixed 75% LTV @4.89% with a 5% fee, and a standard 5-year fix 75% LTV @5.49% with a 2% fee.
The AVM-supported range sees the addition of a new standard 5-year fixed 65% LTV @4.69% with a 6% fee and a standard 5-year fix 65% LTV @5.49% with a 2% fee.
Rob Stanton (pictured), sales and distribution director at Landbay, said: “It’s great to be able to hit the market with a set of competitive limited edition products, taking advantage of our AVM technology to help deliver greater efficiencies and cost savings for those landlords looking to remortgage. This is following further rate reductions as we capitalise on opportunities to make our range as competitive as possible for brokers and their clients.
“Our activity will help brokers support landlords in both camps – whether they are one of many looking to remortgage or one of those still looking at properties to purchase.
"While some landlords may choose to sit on their hands, others are responding to a difficult residential market and exploring investment opportunities across the country. Either way, Landbay is willing and able to support.”
