Landbay has cut rates on its Premier remortgage range, targeting landlords with up to 15 properties.
The latest changes apply to Landbay’s 75% LTV five-year, fixed-rate remortgage products including its variable fee, AVM range and fixed-fee Assisted Legals or Cashback products with free valuations.
Under the changes, rates on the AVM remortgage range have been reduced by 5bps, while the Assisted Legals and Cashback ranges have both been cut by 10bps.
The Premier Remortgage AVM is now available from 4.64% with a 5% fee and 5.44% with a 1% fee.
The Premier Remortgage Assisted Legals with free valuation is now available at 5.59%, with different fee levels determining maximum loan sizes.
And the premier Remortgage Cashback with free valuation is also now available at 5.59%, again with different fee levels determining maximum loan sizes.
“In the current market, brokers are continuing to see strong remortgage demand from landlord clients looking to manage costs, refinance efficiently and plan ahead with greater certainty,” said Rob Stanton, sales and distribution director at Landbay (pictured above).
“These latest reductions across our Premier remortgage products are intended to support that activity with a broader choice of competitive options.
“Our focus remains on providing practical BTL product solutions backed by strong service, clear product structures and the support needed to place business confidently in a market that remains active and price-sensitive.”
