Landbay cuts rates and adds options to limited edition range

Published on

Landbay has lowered rates across its new limited edition range, which is now available for both remortgages and new purchases.

All eight products in the range have seen a 10 basis point (bps) reduction in rates. This includes the standard five-year fixed rate products available at up to 75% loan-to-value (LTV), as well as the AVM-supported range of standard five-year fixed rate products.

These are available at up to 65% LTV and utilise AVM technology to deliver cost savings and greater efficiencies.

The limited edition range now starts at 4.59%, with all products benefitting from Landbay’s variable fee structure for improved affordability.

Deals include:

  • Limited Edition Standard five-year fixed 75% LTV 5% fee from 4.79%
  • Limited Edition Standard five-year fixed 75% LTV 2% fee from 5.39%
  • Limited Edition AVM five-year fixed 65% LTV 6% fee from 4.59%
  • Limited Edition AVM five-year fixed 65% LTV 2% fee from 5.39%

Rob Stanton (pictured), sales and distribution director at Landbay, said: “It is great to be able to kickstart 2025 with rate reductions across our popular limited edition range, all the while making this available for new purchases too. This opens up new opportunities for the many landlords still looking to grow their portfolio and adds extra options for brokers to be able to support their clients.

“We start the new year with the same ambition to ensure our product range is as competitive as possible and in tune with the demands and needs of the market. As ever, we will continue to identify opportunities where we can trim rates or introduce new products and take action quickly to ensure we are properly serving our broker partners and their landlord clients.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Crystal hails Goldberg’s impact and welcomes Together leadership plan

One of the UK specialist finance sector’s most prominent distribution firms has paid tribute...

The Exeter reveals 2024 health, income protection and life payouts

UK mutual health and protection insurer The Exeter paid out £61 million in claims...

Tandem reports record green lending as customers cut 70,000 tonnes of CO₂

Tandem Bank has published its most comprehensive ESG report to date, disclosing that it...

HTB provides £20m+ facility for land portfolio refinancing

Hampshire Trust Bank has completed a development finance facility in excess of £20m to...

Davisons Law joins conveybuddy panel

Conveyancing distributor conveybuddy has announced that West Midlands-based Davisons Law has joined its panel...

Latest opinions

A home shouldn’t be out of reach for those who keep the UK running

In a housing market that has grown steadily more selective, it is often those...

Richard Pike: A conference of positivity – Global ABS Day three

It’s time for reflection of the last three days here in Barca. To readers,...

Maximising embedded value and delivering a great service

While advisers understand the importance of looking after existing clients, nurturing your back book...

Open banking and smart data transformed finance – now it’s time to do the same for property

The UK is set for a 'smart data' revolution, a revolution which began with...

Other news

Crystal hails Goldberg’s impact and welcomes Together leadership plan

One of the UK specialist finance sector’s most prominent distribution firms has paid tribute...

The Exeter reveals 2024 health, income protection and life payouts

UK mutual health and protection insurer The Exeter paid out £61 million in claims...

Tandem reports record green lending as customers cut 70,000 tonnes of CO₂

Tandem Bank has published its most comprehensive ESG report to date, disclosing that it...