Landbay has launched a range of limited edition standard five-year fixed landlord offers and cut rates on another four standard five-year fixed deals by 10 basis points.
The specialist lender says the limited edition standard five-year fixed-rate buy-to-let products, which start at 5.15%, cover:
- A 70% loan-to-value deal at 5.15%, with a 7% fee
- A 75% LTV offer at 5.35%, with a 6% fee
- A 75% LTV product at 5.55%, with a 5% fee
- A 75% LTV loan at 5.75%, with a 4% fee
- A 75% LTV deal at 5.95%, with a 3% fee
- A 75% LTV offer at 6.15%, with a 2% fee
- A 75% LTV product at 6.15%, with a £1,499 fee
Its rate cuts on standard five-year fixes are:
- A 65% LTV loan at 5.25%, with a 7% fee, from 5.35%
- A 70% LTV deal at 5.25%, with a 7% fee, from 5.35%
- A 65% LTV offer at 5.45%, with a 6% fee, from 5.55%
- A 70% LTV product at 5.45%, with a 6% fee, from 5.55%
Landbay business development director Rob Stanton says: “Whether a landlord is looking to maximise their borrowing capacity or minimise product fees, the new range aims to suit differing client appetite and demands.
“These sit alongside our competitive tracker range to ensure brokers have a full suite of products at their disposal.”