Halifax will cut residential fixed-rate offers by up to 31 basis points, while Landbay has launched four landlords products.  

Product transfers and further advance loans will be cut by as much as 31bps on Friday, says the high-street lender in a broker note without giving additional details. 

It adds that selected remortgage fixes will be reduced by up to 25bps. 

Meanwhile, Landbay has today added to its limited edition buy-to-let range with new loans for small houses in multiple occupation and multi-unit freehold blocks. 

The quartet of deals are available at up to 75% loan-to-value with loan sizes between £150,000 and £500,000.  

They are available as five-year fixes, start at 5.09% and include purchase and remortgage options. 

The products cover: 

• Limited edition small houses in multiple occupation/multi-unit freehold blocks five-year fixes at 75% LTV at 5.49%, with a 3% fee 

• Limited edition small houses in multiple occupation/multi-unit freehold blocks five-year fixes at 75% LTV at 5.09%, with a 5% fee 

• Product Transfer small houses in multiple occupation/multi-unit freehold blocks five-year fixes at 75% LTV at 5.49%, with a 3% fee 

• Product Transfer small houses in multiple occupation/multi-unit freehold blocks five-year fixes at 75% LTV at 5.09%, with a 5% fee 

Landbay sales and distribution director Rob Stanton says: “Given the pressures in the residential market and the increasing number of students, transient workers and foreign nationals, demand for multi-unit properties has only continued to grow.” 

“Another important addition to our product transfer proposition further proves our commitment to grow and expand this valuable product range.”