Landbay has reduced rates on selected two- and five-year products in its Core range by up to 20bps.
The changes today apply across 15 Core products, including both standard and AVM options, with reductions on two- and five-year fixed-rates.
This range is designed for standard BTL properties, with AVM options for individual borrowers, limited company SPVs and LLPs.
At the same time, Landbay has increased the maximum loan sizes for some of these products to £1.5m.
“The market remains highly price-sensitive, and we know brokers are working with landlord clients who are focused on securing competitive rates while also accessing sufficient borrowing to support their investment plans,” said Rob Stanton, sales and distribution director at Landbay (pictured above).
“By reducing rates across our Core range and increasing maximum loan sizes, we are giving advisers greater flexibility when structuring cases, particularly where larger loan amounts are required.”
