Landbay reduces rates across its range

In keeping with its commitment to always be extremely competitive, Landbay has reduced pricing across most of its core products, including its much sought after 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, Landbay’s Managing Director, Intermediaries, commented: “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.”

ENDS

About Landbay

Established in 2014, Landbay is a multi-award-winning lending platform for prime residential buy-to-let mortgages, with funds originating from institutional investors.

Landbay was recently announced at number 6 in Deloitte’s Fast50 of the fastest growing technology companies in the UK and number 11 in the FT1000 – the Financial Times’ annual list of the fastest-growing European companies. Landbay won a further eight awards in 2019 in recognition of growth and excellence within the industry.

Landbay is an FCA regulated company, a member of UK Finance and is based in London (UK).