Landbay refreshes core product range

Landbay has announced a refresh of its core product range to respond to high demand.

Despite the high levels of demand, the specialist buy-to-let (BTL) lender said it is conducting all business within its service level agreement, with most offers being issued within 72 hours.

As part of the changes, Landbay has introduced a free valuation on its five-year fixed rate mortgage and reduced the rate from 3.69% to 3.65%. The mortgage is available up to 75% LTV on properties up to £700,000.
 
The lender has also expanded its range by introducing new 70% LTV products while keeping rates the same as they were at 60% LTV, and Landbay has also announced reductions to rates on houses in multiple occupation and multi-unit freehold block products.

“Over the past month we’ve seen unprecedented demand from brokers and their clients,” said Landbay managing director of intermediaries, Paul Brett. “We are always listening to what the market is telling us and as a result we have relaunched our whole product range with lower rates.

“We know this refresh will be greatly welcomed and we anticipate it will continue to grow the exceptional levels of activity that we’ve seen. Despite the high demand, we’re committed to providing excellent customer service that our intermediary partners deserve.

“Our application process is completely paperless and online, therefore we don’t have any delays in the reviewing of post, because we don’t have any.”

    Share Story:

Recent Stories


FREE E-NEWS SIGN UP

Subscribe to our newsletter to receive breaking news and other industry announcements by email.

  Please tick here to confirm you are happy to receive third party promotions from carefully selected partners.


NEW BUILD IN FOCUS - NEW EPISODE OF THE MORTGAGE INSIDER PODCAST, OUT NOW
Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?

The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.


Does the North-South divide still exist in the UK housing market?
What do the most expensive parts of the country reveal about shifting demand? And why is the Manchester housing market now outperforming many southern counterparts?



In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.

The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.

In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.