Landbay has partnered with an AI-assisted conveyancing firm to launch a new range of five-year fixed buy-to-let remortgage deals with free legals and valuations.
Conveyd uses artificial intelligence alongside human technical expertise with the aim of speeding up the process.
Designed to reduce upfront costs for landlords with straightforward remortgage cases, Landbay’s new range starts from 5.09% at 75% loan-to-value.
Fees are tiered depending on loan size, from £999 to £1,999.
The range covers loans between £30,000 and £750,000 with a maximum property value of £1.5m.
The products are available to landlords with up to 15 properties, including those borrowing in their personal name and those borrowing through a limited company.
Landbay sales and distribution director Rob Stanton says: “Remortgage activity remains a major focus for landlord borrowers and brokers, and we know that speed, cost and certainty all matter within this context.
“Our new five-year fixes with assisted legals and free valuations are therefore designed to take pressure out of the process, reduce upfront costs for clients, and help brokers move cases through the process smoothly.
“Working with the digital conveyancing experts at Conveyd allows us to bring together strong pricing, as part of the Premier range, with a more joined-up legal process.
“All standard conveyancing costs are covered by these products, significantly reducing the costs for a borrower during a remortgage.
“For straightforward cases, this means fewer delays, clearer communication, and a better overall experience for all stakeholders.”
Conveyd chief executive Manasi Kulkarni adds: “We’re incredibly excited to partner with a like-minded, digital-first lender who shares our vision for the future of home transactions.
“The collaboration with Landbay has been fantastic so far; we are learning from every case, listening closely to feedback, and working together to deliver the best possible experience for customers.”
