It has also launched multi-unit freehold block (MUFB) mortgages available for first-time landlords starting from 3.49% and large loan 65% loan-to-value (LTV) 5-year cashback products starting at 3.24%.

As well as this, within its green buy-to-let mortgage range, it has reduced rates by up to 0.14% now starting at 2.99%.

Paul Brett, managing director of intermediaries at Landbay, said: “We constantly look to revise our range to make sure that it is highly competitive across every type of specialist buy-to-let mortgage.

“With our new competitive green products, plus MUFB and HMO mortgages for first-time landlords, as well as an attractive standard and new build range, we believe that we have something for every landlord.”