Premier is a range of standard products for landlords with up to 15 mortgaged properties, available to both individual and limited company landlord borrowers. The latest changes apply to Landbay’s 75% LTV five-year, fixed-rate remortgage products including its variable fee, AVM range and fixed-fee assisted legals or cashback products with free valuations.

Under the changes, rates on the AVM remortgage range have been reduced by 0.05%, while the assisted legals and cashback ranges have both been cut by 0.10%.

Selected products include:  the Premier Remortgage AVM 4.64% with a 5% fee, and 5.44% with a 1% fee.

The Premier Remortgage Assisted Legals with free valuation available at 5.59%, with different fee levels determining maximum loan sizes, starting from a £999 fee for a maximum loan of £100k, to £1,999 for a loan of £750k.

And the Premier Remortgage Cashback with free valuation, also available at 5.59%, again with different fee levels determining maximum loan sizes, between £899 for £150k, and £1,899 for £1m.

Landbay said the latest reductions are designed to give brokers and their landlord clients more competitive remortgage options across a range of property and borrowing needs, while also supporting efficiency through AVMs, free valuations, cashback and assisted legals.

Commenting on the latest deals Landbay sales and distribution director Rob Stanton said: “In the current market, brokers are continuing to see strong remortgage demand from landlord clients looking to manage costs, refinance efficiently and plan ahead with greater certainty. These latest reductions across our Premier remortgage products are intended to support that activity with a broader choice of competitive options.”