Landbay has reduced rates further across its standard fixed-rate product range and has announced the launch of brand new products. The lender has reduced rates by as much as 0.40% on its two-year standard products, available up to 75% LTV, starting from 4.19%. The non-portfolio range of five-year products, which were launched last week to support landlords with three or less mortgaged properties, have also been reduced by 0.15%, now starting from 4.24% at up to 75% LTV. Alongside the reductions, Landbay has launched two new standard two-year options. The first is available up to 55% LTV with a 3% fee, while the second is available up to 75% LTV with a 2% fee.

Zephyr Homeloans has announced a two-year fixed 80% LTV mortgage product across its standard, HMO and MUFB ranges. Two-year fixes for standard and HMO/MUFB start at 5.89% and 6.09% respectively up to 80% LTV with a 3% fee. For properties with an EPC rating of D or E, two-year standard rates start from 5.99%, while HMO/MUFB products start at 6.19%. Both products are available up to 80% LTV with a 3% fee.

Market Financial Solutions (MFS) has cut rates on its bridge fusion range, which was introduced in June and is a hybrid of a bridging loan and a longer-term buy-to-let (BTL) mortgage, which allows a longer term of 24-36 months for increased certainty on loans up to £20m. It has also reduced rates on its commercial BTL products at the same time as expanding the maximum loan term up to 10 years and upping the maximum loan size from £1.5m to £2m. For its residential BTL mortgages, MFS is now offering a maximum loan term of 10 years.

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