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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