Landbay has launched a new range of standard BTL mortgages, at discounts of up to 44bps compared to existing product lines.
These five products comprise of three new five-year and two two-year fixed-rate products, all available at up to 75% LTV.
The five-year products have rates starting from 4.35%, while the two-year products are available from 4.39%.
These products are suitable for standard properties with loans ranging from £30,000 to £2m.
Fees on these new products range from 2% to 5%.
“While some may point to obstacles, many landlords are still seeing openings, exploring investment opportunities with the expertise and advice of their broker,” said Rob Stanton, sales and distribution director at Landbay (pictured above).
“As a BTL lender, it’s important we give brokers the necessary tools to facilitate these deals and support the growth of successful property portfolios.”
