Landbay has cut rates across 19 products in its Core buy-to-let range, with reductions of up to 0.20% at 75% LTV.

The lender has reduced rates on six two-year fixed-rate products by 0.20%, while 13 five-year fixed-rate products have been cut by 0.10%.

The changes apply across Landbay’s standard Core and Core AVM ranges, with a choice of product fee structures.

Following the reductions, Core and Core AVM two-year fixed rates are available from 4.09% with a 5% fee, while alternatives with a 2% fee start at 5.59%.

Five-year fixed rates are available from 4.94% with a 6% fee, or from 5.74% with a 2% fee.

Landbay’s Core range is available on standard properties for individual landlords, limited companies and LLPs. There is no restriction on landlord portfolio size, while automated valuation model options are also available.

Rob Stanton (pictured), sales and distribution director at Landbay, said: “Where market conditions give us the opportunity to improve our pricing, we want to act quickly and pass that on to brokers and their landlord clients.

“These latest reductions strengthen our Core range across both two- and five-year fixed rates, giving advisers access to more competitive options at 75% LTV.

“The combination of standard and AVM products, alongside a choice of fee structures, means brokers can consider different options depending on the priorities of each landlord client.

“That flexibility remains important when advisers are dealing with a broad range of borrowing requirements and looking to balance headline rate with the overall cost of a mortgage.

“We remain focused on providing competitive pricing alongside product choice and certainty of service, giving brokers practical options and the confidence to place buy-to-let business with Landbay.”