Landbay has increased the maximum loan-to-value (LTV) and loan amount on its limited edition range of automated valuation model (AVM) products.

The limited edition AVM range consists of four standard five-year fixed rate products, with rates starting at 4.59%.

The maximum LTV available has increased from 65% across all four products, with 70% and 75% LTV now available.

The maximum loan amount has also been increased by 15%, with loans now available up to £562,500, an increase from £487,500.

The AVM range starts with loan sizes from £75,000.

The limited edition AVM products include a five-year fixed at 70% LTV with a 6% fee at 4.59%, a five-year fixed at 75% LTV with a 5% fee at 4.79%, a five-year fixed at 75% LTV with a 3% fee at 5.19% and a five-year fixed at 75% LTV with a 2% fee at 5.39%.

Landbay sales and distribution Rob Stanton says: “Thanks to the time and cost savings they offer, our AVM-supported products remain one of our most popular options.”

“Increasing both our maximum LTV and loan amount makes these products in our Limited Edition range even more desirable and accessible to more landlords across the country.”