Landbay expands Premier range with like-for-like products
By Jon YarkerLandbay has launched two like-for-like products for its Premier range, a set of standard products for landlords with up to 15 properties in limited company SPVs.
This now includes a like-for-like two-year fixed-rate remortgage at 4.49% with a maximum 75% LTV and 2% fee, as well as a product transfer version.
The product transfer version is largely the same except with a rate from 4.54% and is exclusive to existing Landbay loans approaching reversion.
Both products offer loans ranging from £30,000 to £2m.
“These new Premier like-for-like products are a direct response to the ongoing challenges landlords face in today's market — particularly around affordability,” said Rob Stanton, sales and distribution director at Landbay (pictured above).
“By introducing these competitive two-year fixes, we’re providing further help with affordability.
“This not only gives landlords much-needed breathing space when remortgaging but also equips our broker partners with a stronger toolkit to secure deals efficiently.”
Keywords: Landbay, Rob Stanton, BTL, Landlords, Lender, Affordability, Product Launch, Mortgage
Source: BTL Insider — https://btlinsider.co.uk/landbay-expands-premier-range-with-like-for-like-products