Landbay has joined Optimum ELITE’s panel of lenders.

Optimum ELITE is a commercial broker network based in Sheffield, with firms operating all over the UK.

The buy-to-let (BTL) lender says it is seeing the continued attractiveness of BTL as a long-term investment strategy which is supported by the strong demand for rental properties.

At the end of May, Landbay added to its like-for-like remortgage products with a range of new two-year deals.

This followed the introduction of lower stress tests for landlords at payrate, rather than its standard calculation of payrate plus 2%.

Landbay sales and distribution director Rob Stanton says: “Landbay continues to go from strength to strength through our focus on brokers and their clients. Joining the Optimum ELITE  panel will ensure that a wider range of brokers can access our specialist buy-to-let products and we look forward to working closely with them.”

Optimum ELITE proposition director James Hawkins adds: “We are really excited to be adding Landbay to the Optimum ELITE lender panel.  We take pride in the support we provide to our firms and having a strong lender panel is a key part of this.”