Landbay has cut rates by up to 0.35% across its Premier, Core and Specialist buy-to-let ranges, with pricing now starting at 3.44%.

The lender has also launched eight Specialist products, extending its 65% loan-to-value offering for small houses in multiple occupation (HMOs) and multi-unit freehold blocks (MUFBs).

Landbay said it had broadened its Tier 2 criteria to give landlords with minor credit issues greater flexibility.

The Premier range covers standard properties and HMOs for borrowers with up to 15 mortgaged properties. It is available to individual and limited company landlords.

Its Core range is available for standard properties owned by individuals, limited companies and limited liability partnerships. It supports portfolios of any size and includes automated valuation model options.

The Specialist range covers holiday lets, HMOs, MUFBs and trading companies.

RATE REDUCTIONS

Landbay has reduced rates on 15 Premier two-year fixed products at 75% LTV by 0.15%, including product transfer and automated valuation ranges. Rates now start at 3.44%.

Rates on 19 Premier five-year fixed products at 75% LTV have been cut by 0.05%, including product transfer and remortgage options, with pricing from 4.69%.

Nine small HMO two-year and five-year fixed products have been reduced by up to 0.15%, with rates from 4.69%. The changes include product transfer options.

Rates on 10 five-year fixed products with assisted legal services have been cut by 0.07%, starting at 5.67%.

Across the Core range, two-year and five-year fixed products have been reduced by up to 0.35%. This includes Tier 2 and product transfer options, with two-year rates from 4.29% and five-year rates from 5.04%.

Small HMO and MUFB products in the Specialist range have been cut by up to 0.35%, including first-time landlord and product transfer options. Two-year fixed rates start at 4.64%, while five-year fixed rates begin at 5.69%.

Holiday let rates have fallen by up to 0.25%, with two-year fixed products from 4.69% and five-year fixed products from 5.79%.

Trading company products, including product transfer options, have been reduced by up to 0.15%. Two-year fixed rates start at 4.79% and five-year fixed rates at 5.84%.

The lender has also introduced eight small HMO and MUFB products at 65% LTV, including product transfer options.

Rob Stanton, sales and distribution director at Landbay, said: “While market conditions remain volatile, we’re committed to reacting quickly when opportunities arise to improve pricing, helping brokers access lower rates across our Premier, Core and Specialist ranges alongside an expanding product offering.

“These latest reductions, together with the launch of new 65% LTV products and the expansion of our Tier 2 criteria, give brokers even more options to support landlords with a wide range of borrowing requirements.

“We know advisers need a combination of competitive pricing, product choice and certainty of service. That’s why we’re continuing to invest across our range, helping brokers place both straightforward and more specialist buy-to-let cases with confidence.”