Landbay has brought two new green products to market and reduced rates across its special edition range.

The green mortgages are both available at up to 70% LTV and each come on a five-year fix. The first is for properties with an energy performance certificate rating of A or B at 2.89%, and the second for C-rated properties, at 2.94%.

Rate cuts in the special edition range include the standard 70% LTV two-year fix, which has been cut from 2.95% to 2.79% and the 70% LTV five-year fix, which has been reduced from 3.39% to 2.99%.

The standard 50% LTV five-year fix has also been cut, from 2.99% to 2.89%.

Meanwhile, in the small houses in multiple occupation of up to six bedrooms range, the 70% LTV two-year fix has been cut from 3.35% to 2.89% and the five-year fix from 3.59% to 3.14%.

Landbay managing director of intermediaries Paul Brett comments: “All bar one of the rates in our rejigged Special Edition range are below 3%, making these products highly competitive.

“The interest we have received in our core green mortgage range, which we launched in June, led us to introduce green products into our special edition range.”