Buy-to-let lender Landbay, has today launched five new five-year, fixed-rate remortgage products within its Premier range.

Each has £500 cashback and a free valuation

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

The new additions are available up to 75% LTV and are all priced at 5.09% with different fee levels based on the maximum loan size required.

For a maximum loan of £150,000 the fee is £899, for £300,000 the fee is £1,009, for £500,000 the fee is £1,399, for £700,000 the fee is £1,599 and for £1 million the fee is £1,899.

Landbay said each product is designed to support landlord borrowers looking to remortgage, with a focus on reducing upfront costs and improving overall value.

The aim of the range is to give brokers clear and consistent pricing across different loan sizes.

The new remortgage products follow the launch last week of two new two-year trackers and two zero fee, five-year fixed-rates, also within the Premier range.

Landbay sales and distribution director Rob Stanton (pictured) said: “These new five-year, fixed-rate remortgage products are built around what brokers are telling us landlords need right now, which is clear pricing and tangible support with upfront costs.

“The £500 cashback, alongside a free valuation, can make a real difference to overall remortgage value, particularly for portfolio landlords managing multiple properties.

“We have kept the rate consistent at 5.09% across all five products, allowing advisers to focus on matching the right fee tier to the client’s loan size rather than navigating multiple rate points.”