Landbay has introduced a new limited edition range of standard five-year fixed-rate BTL mortgage products starting at 5.15%, as well as dropping its rates on four standard five-year fixed products by up to 10bps.
Rob Stanton, business development director at Landbay (pictured above) believes the updated offering — in conjunction with the lender’s variable fee structure — will help brokers respond to ongoing affordability pressures.
“We are pleased to launch a set of competitive limited edition products which will appeal to the large number of landlords still looking for the certainty of a fixed rate,” said Rob.
“Whether a landlord is looking to maximise their borrowing capacity or minimise product fees, the new range aims to suit differing client appetite and demands.”