Landbay has launched a special edition limited range of five-year fixed rate buy-to-let (BTL) mortgages.

Rates for the new range start from 4.89% and increase to 5.49% and are available on standard properties including new builds. 

There are four 75% loan-to-value (LTV) products ranging from £100,000 to £1m and four 65% LTV for landlords wanting larger loans from £1m to £1.5m. 

The rates and fees on these five-year fixes are the same for 65% and 75% LTVs.

The 4.89% has a fee of 5%, the 5.09% has a fee of 4%, the 5.29% has a fee of 3% and the 5.49% has a fee of 2%.

Landbay managing director for intermediaries Paul Brett says: “Due to our diverse funding we have been able to develop a range of very competitive, five-year fixed rate mortgages for landlords. This range is a limited edition so once the funds have gone, so will the products.”