Landbay has restructured pricing across its fixed-rate product range with reductions ranging from 30 to 70bps.
It is among a handful of other specialist lenders which have recently reduced prices following the fall in inflation.
Keystone Property Finance, Foundation Home Loans, Paragon Bank and Aldermore have all reacted to the faling swap rates in the past week.
Landbay is also reintroducing fixed-rate products for trading companies and first-time landlords for small HMO/MUFBs.
For added affordability, the specialist BTL lender has variable fee structures so landlords can borrow more money depending on the rate and fee chosen.
Rob Stanton, business development director at Landbay, commented: “With swaps rates reducing we are glad to be able to pass on rate reductions as quickly as possible.
“We have been able to reduce the rates on so many of our products at the same time, due to our highly functional broker portal which we built in-house last year."
