Landbay unveils Summer Special BTL range

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Landbay has introduced a new suite of buy-to-let mortgage products under its Summer Special range, featuring rate reductions of up to 0.44% compared to its existing offering.

The specialist lender’s refreshed line-up adds five new products tailored to standard properties, including three five-year fixed rate deals and two two-year fixed options.

All products are available at up to 75% loan-to-value and cater for loan sizes between £30,000 and £2 million.

The headline five-year fix comes with a 5% fee and a rate of 4.35%, marking a 0.44% reduction compared to equivalent products currently on offer. Other five-year options include a 3% fee at 4.75% and a 2% fee at 4.95%.

On the two-year fixed side, borrowers can access a 4.39% rate with a 3% fee or 4.89% with a 2% fee — representing a 0.30% drop in pricing.

Rob-Stanton-Landbay
Rob Stanton

Rob Stanton, sales and distribution director at Landbay, said the new range underscored the lender’s responsiveness and commitment to supporting brokers in a shifting market.

“With the launch of our new Summer Special range, things are certainly heating up here at Landbay.

“These five new products are highly accessible, competitively priced and a strong addition to our product offering,” he said.

“It is a fantastic testament to the strength of our tech-first approach, which enables us to identify opportunities, act quickly and deliver for our brokers and their landlord clients.

“While some may point to obstacles, many landlords are still seeing openings, exploring investment opportunities with the expertise and advice of their broker.

“As a buy-to-let lender, it’s important we give brokers the necessary tools to facilitate these deals and support the growth of successful property portfolios.”

All products in the new Summer Special range qualify for Landbay’s variable fee structure, which the lender says can improve affordability assessments for borrowers.

Intermediaries can review the full product line-up, including the new specials, using Landbay’s buy-to-let affordability calculator.

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