Landbay has cut prices across its fixed-rate product range for landlords by between 30 and 70 basis points.  

The specialist buy-to-let lender says highlights of its reductions include:  

• Like-for-Like remortgage standard two-year fixes at 75% loan to value, rates start at 4.39%, down by 40bps   
• Standard two-year fixes at 75% LTV, rates start at 5.49%, down by 30bps  
• Small houses in multiple occupation and multi-unit freehold blocks five-year fixes at 70% LTV, rates start at 5.79%, down by 60bps  

The firm also reintroduces fixed-rate offers for trading companies and first-time landlords of small houses in multiple occupation and multi-unit freehold blocks.  

It adds that its variable fee structure allows landlords to boost lending depending on the rates and fees they choose.  

Landbay business development director Rob Stanton says: “With swaps rates reducing we are glad to be able to pass on rate reductions as quickly as possible.   

“We have been able to reduce the rates on so many of our products at the same time due to our highly functional broker portal which we built in-house last year.”