Landbay has reduced the rates on its core product range by up to 0.24 percentage points.

In addition, it has launched new products accord different product types.

Multi-unit freehold block (MUFBs) mortgages are now available for first time landlords, with rates starting from 3.49%. This joins the new HMO products for first-time landlords that Landbay launched recently.

It also also unveiled new large loan 65% LTV five-year cashback products starting at 3.24, while green buy-to-let mortgages have been reduced by up to 0.14 percentage points, with rates now starting at 2.99%

Paul Brett, Landbay’s managing director, intermediaries, said: “We constantly look to revise our range to make sure that it is highly competitive across every type of specialist buy-to-let mortgage.

“With our new competitive green products, plus MUFB and HMO mortgages for first-time landlords, as well as an attractive standard and new build range, we believe that we have something for every landlord.”