The products offer loans between £100,0000 and £1m at maximum 75% LTV, available for standard properties, HMOs and MUFBs.

Rates start from 1.49% + Bank of England base rate (BBR), with a variable fee structure of 2% or 3% to assist with affordability.

The new discounted tracker range includes:

• standard options available at 1.49% + BBR with a 3% fee, or 1.99% + BBR with a 2% fee
• small HMU/MUFB products priced at 1.69% + BBR with a 3% fee, or 2.19% + BBR with a 2% fee
• a standard tracker for trading companies, offered at 1.69% + BBR with a 3% fee
• a small HMO/MUFB tracker for trading companies, available at 1.89% + BBR with a 3% fee

Paul Brett, managing director for intermediaries at Landbay, commented: “It’s been a busy start to the year for our product design team, who have been developing new mortgages to provide more choice to brokers and their landlord clients.

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