Landbay has announced the introduction of a limited edition BTL product.

The offering is a 75 per cent LTV five-year fix at 3.39 per cent. This deal includes a maximum loan value of £300,000, a 1.5 per cent product fee and a free property valuation.

The product will be available to buy-to-let landlords via intermediaries using either Landbay’s packager partners or its extensive panel of networks or mortgage clubs, including recent additions such as The Financial Intermediary & Broker Association and Mortgage Intelligence.

Landbay managing director of intermediaries Paul Brett says: “We are committed to remaining as competitive as possible in an ever more specialist buy-to-let market.

“We are delighted to launch a product which will directly meet the needs of landlords, and in turn support their brokers working in the private rental sector. This is just the start of a suite of offerings we expect to make in 2020, allowing us significantly grow our lending operation in the year ahead.”