Landbay launches limited edition BTL range from 5.15%   

By: ameer@trustedteam.com

Landbay has launched a range of 18 limited edition standard five-year fixed rate products, with rates starting at 5.15%.  

The specialist buy-to-let lender has also added six two-year and five-year fixed-rate products for large houses in multiple occupation and multi-unit freehold blocks, with rates starting at 6.59%.   

It also launches other fixed-rate offers, including standard two-year and five-year fixed rates for small HMOs/MUFBs and like-for-like remortgage deals.  

Highlights of its limited edition standard five-year fixed-rate products include:  

  • Limited edition standard five-year fixed-rate 55% loan-to-value offer at 5.15%, with a 7% fee  
  • Limited edition standard five-year fixed-rate 70% LTV deal at 5.25%, with a 7% fee  
  • Limited edition standard five-year fixed-rate 70% LTV product at 6.05%, with a 3% fee  
  • Limited edition standard five-year fixed-rate 75% LTV offer 6.15%, with a 3% fee  

New large HMO/MUFB products:  

  • Large HMO/MUFB two-year fixed-rate 75% LTV deal at 6.59%, with a 5% fee  
  • Large HMO/MUFB five-year fixed-rate 65% LTV offer at 6.59%, with a 5% fee  
  • Large HMO/MUFB five-year fixed-rate 75% LTV product at 6.69%, with a 5% fee  

New fixed-rate products:  

  • Standard two-year fixed-rate 75% LTV offer at 5.79%, with a 5% fee  
  • Standard 5 Year Fixed 75% LTV deal at 6.39%, with a 5% fee  
  • Like-for-like remortgage standard two-year fixed-rate 75% LTV (gross) product at 4.69%, with a 7% fee  
  • Small HMO/MUFB five-year fixed-rate 70% LTV deal at 6.39%, with a 6% fee  

Landbay business development director Rob Stanton says: “Our new limited edition range will appeal to the large number of landlords still looking for the certainty of a fixed rate.   

“Meanwhile, making these products available with our variable fee structure helps brokers respond to ongoing affordability pressures.”  

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