The lender has unveiled four two- and five-year fixed-rate products as part of its specialist range.

The new products, all available up to 75% LTV, are:

• Five-year fixed-rates available at 5.49% with a 5% fee, and 5.89% with a 3% fee • Two-year fixed-rates available at 4.39% with a 5% fee, and 5.39% with a 3% fee

Landbay has also made cuts of up to 10bps to its premier standard two- and five-year fixed-rate products, which also covers both product transfer and like-for-like remortgages.

Premier is a range of standard products for landlords with up to 15 properties, available to both individual and limited company landlord borrowers.

Landbay has cut rates on the following Premier products:

• Five-year fixed-rate now available at 4.84%, two-year fixed-rate now available at 4.79%. Available up to 75% LTV with a 1% fee. • Five-year fixed-rate now available at 4.04% with a 5% fee, two-year fixed rate now available at 3.29% with a 4% fee. Again, available up to 75% LTV • Like-for-like two-year fixed-rate now available at 4.29% (stressed at 4.5%), with a 2% fee, up to 75% LTV

Landbay sales and distribution director Rob Stanton (pictured) said: “The four new specialist holiday let small MUFB products provide brokers and their clients with a greater product range depth in what is a growing sector, as landlords seek to diversify and access those areas of the market that can deliver greater yield and profitability.

“We’ve also been able to add a 5% overpayment function across our entire buy-to-let mortgage range which allows clients to benefit from this greater level of flexibility if they have spare money to put towards their mortgage.”

The news follows Landbay cutting buy-to-let mortgage rates across its entire range in October.