Landbay cuts core product rates

Landbay has reduced the rates on its core product range by up to 0.24 percentage points.

In addition, it has launched new products accord different product types.

Multi-unit freehold block (MUFBs) mortgages are now available for first time landlords, with rates starting from 3.49%. This joins the new HMO products for first-time landlords that Landbay launched recently.

It also also unveiled new large loan 65% LTV five-year cashback products starting at 3.24, while green buy-to-let mortgages have been reduced by up to 0.14 percentage points, with rates now starting at 2.99%

Paul Brett, Landbay’s managing director, intermediaries, said: “We constantly look to revise our range to make sure that it is highly competitive across every type of specialist buy-to-let mortgage.

“With our new competitive green products, plus MUFB and HMO mortgages for first-time landlords, as well as an attractive standard and new build range, we believe that we have something for every landlord.”

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