Buy-to-let lender Landbay has expanded its Premier range with the launch of new five-year fixed remortgage products that include assisted legals and a free valuation.
The lender said the products, launched today, are aimed at supporting brokers advising landlords on straightforward remortgage cases, with a structure designed to reduce upfront costs for borrowers while helping transactions reach completion more quickly.
The new range has been launched in partnership with digital conveyancing firm Conveyd, which will manage the legal process end-to-end.
Landbay said Conveyd will work closely with the instructed conveyancer to progress cases through to completion.
Available exclusively for remortgage, the five-year fixed buy-to-let products are offered at up to 75% loan-to-value, with rates starting from 5.09%. Fee options range from £999 to £1,999 depending on loan size.
The products are available on loan sizes from £30,000 up to £750,000, with a maximum property value of £1.5 million. All products in the range include a free valuation.
The Premier range provides standard buy-to-let products for landlords with up to 15 properties and is available to both individual and limited company borrowers. It features what Landbay describes as some of its most competitive rates.
The launch follows the introduction last week of new two-year fixed-rate products and rate reductions elsewhere within the Premier range.
Rob Stanton, Landbay’s sales and distribution director, said: “Remortgage activity remains a major focus for landlord borrowers and brokers, and we know that speed, cost and certainty all matter within this context.
“new five-year fixes with assisted legals and free valuations are therefore designed to take pressure out of the process, reduce upfront costs for clients, and help brokers move cases through the process smoothly.
“Working with the digital conveyancing experts at Conveyd allows us to bring together strong pricing, as part of the Premier range, with a more joined-up legal process.
“All standard conveyancing costs are covered by these products, significantly reducing the costs for a borrower during a remortgage.
“For straightforward cases, this means fewer delays, clearer communication, and a better overall experience for all stakeholders.”
Manasi Kulkarni, CEO of Conveyd, added: “We’re incredibly excited to partner with a like-minded, digital-first lender who shares our vision for the future of home transactions.
“The collaboration with Landbay has been fantastic so far; we are learning from every case, listening closely to feedback, and working together to deliver the best possible experience for customers.”
