Landbay unveils free valuation remo and PT products Mortgage Finance Gazette

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Landbay is introducing free valuation remortgage and product transfer (PT) products.

The buy-to-let specialist is adding four new five-year fixed summer special products with free valuations.

These are available up to 75% loan-to-value (LTV) on standard remortgage and on PTs  The four products also feature free administration with no application fees.

In addition, Landbay is decreasing the rates of its two-year fixed Summer Special products by 0.20% for up to 75% LTV products on both standard and product transfers variants.

All products come with variable fee options for enhanced affordability.  The entire Summer Specials range is exclusive to limited companies (SPVs).

New product offerings include Summer Special Remortgage Free Valuation Standard five-year Fixed 75% LTV at 4.72%  with a 3% fee.

A product transfer Summer Special free valuation standard five-year fixed 75% LTV at 4.72%  with a 3% fee

A Summer Special standard two-year fixed 75% LTV at 4.59% with a 2% fee.

Commenting on the new product options Landbay sales and distribution director Rob Stanton said: We can provide popular free valuation options and competitive rates because we can leverage the sophisticated technology on which Landbay is built – as well as our broad funding model.”