Landbay launches two premier like-for-like products

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Landbay has launched two new premier like-for-like products.

The buy-to-let (BTL) lender has introduced a premier like-for-like two-year fixed rate remortgage at 4.49% with a maximum 75% loan-to-value (LTV) and a 2% fee.

It has also added a product transfer two-year fixed rate with a maximum LTV of 75% and a 2% fee but at 4.54%.

The product transfer option is exclusively for existing Landbay loans approaching reversion.

The minimum loan size of both products is £30,000 while the maximum loan size is £2 million.

Stress testing for these products is calculated at the pay rate or 4.50%, whichever is higher.

Landbay sales and distribution director Rob Stanton says: “These new Premier Like-for-Like products are a direct response to the ongoing challenges landlords face in today’s market – particularly around affordability.”

“By introducing these competitive two-year fixes, we’re providing further help with affordability. This not only gives landlords much-needed breathing space when remortgaging but also equips our broker partners with a stronger toolkit to secure deals efficiently.”

“We’re thrilled to expand our like-for-like range. The standard fixed-rate product offers flexibility for new remortgages, while the product transfer variant streamlines the process for existing customers.”

“In a sector where remortgage volumes are expected to remain elevated—with billions in buy-to-let mortgages maturing soon—these launches highlight our focus on innovation and responding to the market.”


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