Landbay has reduced the rates across its standard two-year fixed rate buy-to-let (BTL) mortgage products.

The lender has introduced a 65% loan-to-value (LTV) two-year fix at 5.24%.

It has also reduced its 75% LTV two-year fix by 40 basis points to 5.29%. 

Both products have a 3% fee.

Landbay managing director, intermediaries Paul Brett comments: “Last week we reduced our entire five-year fixed rate BTL range and this week it’s the turn of our two-year fixes.”

“With uncertainty in the market around the future direction of rates and when they will stabilise, our repriced five and two-year fixed rate options give brokers and their landlord clients choices.”

Last week, Landbay reduced rates on all of its five-year fixed-rate mortgages by up to 0.30% and added two new products to its variable fee range.