Landbay unveils rate reductions

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Landbay has lowered pricing across the majority of its core products, including its green products.

The buy-to-let green product range, which Landbay launched in June with 75% LTVs, now has two-year fixed rates starting from 2.89% (down from 2.99%) and additional 70% LTV options. These are new five-year fixed rates set at 3.09% for properties with an EPC rating of A or B and 3.14% for a C rate property.

In addition, Landbay has refreshed pricing across its core buy-to-let range. This includes two-year fixed rate mortgages starting from 2.85%.

Paul Brett (pictured), Landbay’s managing director, intermediaries, said: “Two months into our green mortgage range and the interest from intermediaries has been incredible. We have now introduced a 70% LTV green mortgage, to help satisfy landlord demand.

“We have also been able to lower rates on most of our core products and will continue to maintain our highly competitive stance in the market to ensure a really strong year has an even stronger finish.”

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