The new deals have increased LTVs of 75% and 80% and are available on standard properties with what the buy-to-let lender is describing as ‘competitive’ interest rates.

The products are available on two and five-year fixed rates. The two-year fixed rate product comes with a rate of 3.79% and the five-year fixed has a rate of 3.99%. The rates are available for loans from £100,000 up to £750,000.

Landbay said despite high levels of demand it is conducting all business within its service level agreement and provides an instant Decision in Principle (DiP).

Paul Brett, managing director of intermediaries at Landbay, said: “Intermediaries and property investors have been crying out for higher LTV buy-to-let products and so the increase of our LTVs to 80% at market leading rates should be incredibly welcome.

“This increase in our maximum LTV, along with free Title Indemnity Insurance and free valuations, means we now have a product range which exceeds many others in the market.

“These new products will be very positive news to intermediaries, enabling their clients to increase their portfolios in time to take advantage of the stamp duty holiday. However, time will be of the essence and lender service standards will be everything over the next few weeks.

“As we edge closer to the stamp duty deadline, it will be more and more important that intermediaries look to work with lenders like Landbay, who have continuously kept to their SLAs and who have systems in place to ensure they can process applications quickly and efficiently.”