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Specialist buy-to-ley lender Landbay is strengthening its like-for-like remortgage range with the addition of three new two-year tracker products. The new products are suitable for landlords remortgaging with no change to their borrowing requirements and will be stress tested at a lower interest cover ratio (ICR) of
Rob Stanton, business development director at Landbay, said: “This new range provides more choice for landlords and is ideal if they are not sure whether to
Landbay has brought back its green five-year fixed rate range and launched two new loans, as well as cutting rates on others. The buy-to-let lender says its green rates, for properties with an energy performance certificate rating of A to C, carry a reduction of 10 basis points off its five-year standard products,
Specialist buy-to-let lender Landbay had reduced rates across its two-year fixed range by up to 0.14 per cent and added products.
Landbay has cut rates across its two-year fixed-rate range by up to 14 basis points and added a new product to this mix. The specialist buy-to-let lender says it has reduced rates by 14bps for small houses in multiple occupation and multi-unit freehold blocks. Loan-to-value ratios for these offers are 75% and