The new range is designed to cater for the growing number of people looking to invest in property and is aimed exclusively at those with three or fewer buy-to-lets.

Rates on the products start from 3.14% for the two-year fixed rate and 3.44% for the five-year fixed rate. The range has a maximum 75% loan-to-value (LTV) and comes with a free valuation option for remortgages with a maximum loan size of £1m.

The volatility in the stock market combined with the resilience in the housing market has resulted in an increase in first-time landlords, and this trend is expected to continue in 2021.

Paul Brett, managing director of Intermediaries at Landbay, said: “Now is a great time to invest in buy-to-let properties and demand in the buy-to-let sector is booming. Rent is increasing across the country, the stamp duty holiday is rumoured to be extended by three-months and house prices continue to rise.

“It is no surprise to see more and more first-time landlords looking to invest, and those with one or two properties looking to increase their portfolios. Adding these products to our already market-leading range will ensure we fully support this growing number of potential landlords.

“Combined with our new calculator, cutting-edge technology and exceptional service, our product range caters for every client, whether new to the sector, or purchasing their latest portfolio property.”