Landbay has made cuts of up to 15bps on two- and five-year fixed-rate mortgages up to 75% LTV on its Premier range.

Premier is Landbay’s range of standard buy-to-let products for landlords with up to 15 mortgaged properties, available to both individual and limited company borrowers.

The lender has made cuts of up to 15bps across five-year mortgage options including remortgage AVM, free valuation, assisted legals and cashback options.

Landbay has also made reductions of 5bps across two-year fixed rates, covering remortgage AVM, like-for-like and product transfers.

Following the cuts, Premier two-year fixed-rate products at 75% LTV start from 4.19% with a 5% fee, while a 6.19% option is available with a 1% fee.

Five-year fixed rates start from 5.24% with a 5% fee, with a zero-fee option available at 6.24%.

Within its remortgage range, premier AVM two-year fixed rates are available from 4.19% with a 5% fee, while five-year AVM options start from 5.24% with a 5% fee.

Five-year remortgage products with a free valuation are also available from 5.29% with a 5% fee.

Landbay has also reduced its Premier five-year fixed-rate product transfer products by 10bps, with rates at 75% LTV now starting from 5.34% with a 5% fee, alongside a zero-fee option at 6.34%.

Landbay sales and distribution director Rob Stanton said: “Following the reductions we announced across our Core and Specialist ranges earlier this week, we are pleased to be able to make further improvements to our Premier pricing, with cuts across a wide selection of two- and five-year fixed-rate products.”

Earlier this month Landbay expanded its lending in Scotland with the launch of 12 new products from its Core range.