Landbay has reduced rates across its fixed rate product ranges, making cuts of up to 0.20%. The biggest reduction has been made across the buy-to-let lender’s non-portfolio products, designed for landlords with three or less mortgaged properties. Both two- and five-year fixed products, available up to 70% and 75% LTV have been cut by 0.20%. This also includes its AVM-supported range of standard and non-portfolio products, available with either a two- or five-year fixed rate at up to 75% LTV. In addition, Landbay has reduced rates on its 55% LTV two- and five-year products, which have been cut by 0.15%.

Chorley Building Society has launched a new remortgage product after reviewing the range, in line with buyer feedback. The two-year fixed product starts at 5.39% at 90% LTV and comes with a £185 contribution to legal fees and £350 in cashback. The society also offers 60% and 80% LTV products which also include the £185 legal fee contribution and no scheme fee.

Virgin Money has increased rates on its core 85% LTV two- and five-year fixes by 0.20%, with rates now starting from 4.59%. On the lender’s 95% LTV two- and five-year products, rates have been increased by 0.10% and will now start from 5.24%. Rates on its greener 85% LTV product have also been upped by 0.20% and products are now available from 4.59%. Furthermore, Virgin’s retrofit boost 85% LTV five-year product has been increased by 0.20%, starting from 4.84%.

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