Landbay has expanded its Premier range of BTL products to individuals.
These products were initially only available for landlords with up to 15 properties in limited company SPVs.
This means individual applicants can now access competitive products that were exclusive to SPVs, including Landbay’s like-for-like two-year fixed-rate product, available at up to 75% LTV with a max loan of £2m.
Landbay’s Premier products combine two-year and five-year fixed-rate options with free valuation remortgage and product transfer options. Rates begin at 3.39%.
“For brokers looking to support clients outside of limited company SPVs, the news of access to this set of innovative and highly competitive products will be hugely welcome,” said Rob Stanton, sales director at Landbay (pictured above).
“Increasing the scope of our Premier products to include individual applicants reflects their critical role in the rental market mix and our commitment to use every avenue to support brokers and landlords – particularly when it comes to affordability.”