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

Wealth at Work names Mark Duckworth as next chief executive

Wealth at Work has appointed former Schroders Personal Wealth and Openwork chief executive Mark...

Mortgage labels risk putting older borrowers off advice

Terms such as "later life lending" and "equity release" risk creating barriers between borrowers...

Advisers face pressure to bring families into retirement planning

Advice firms risk weakening long-term client relationships by failing to involve partners and beneficiaries...

Bank Rate held at 3.75% as energy shock raises prospect of future increase

The Bank of England has kept Bank Rate at 3.75%, but warned that persistent...

Family BS names Seb Mrotzek as first chief operating officer

Family Building Society has appointed Seb Mrotzek as chief operating officer, creating the role...

Latest publication

Other news

Wealth at Work names Mark Duckworth as next chief executive

Wealth at Work has appointed former Schroders Personal Wealth and Openwork chief executive Mark...

Mortgage labels risk putting older borrowers off advice

Terms such as "later life lending" and "equity release" risk creating barriers between borrowers...

Advisers face pressure to bring families into retirement planning

Advice firms risk weakening long-term client relationships by failing to involve partners and beneficiaries...