Landbay enhances product range and lowers rates

27 Jan 2021

Landbay, one of the UK’s leading buy-to-let lenders, has today enhanced its entire range reducing rates on all products. It has also launched a new range of remortgage-only products with free valuations and lowered the rates on its 80% LTV mortgages so they now start at just 3.79%.

It has introduced a new large loan product, with a £750 cashback, maximum £1.5m loan, up to 70% LTV at 3.49%, on a five-year fixed rate. Meanwhile its standard two-year fixed rate products start from only 2.95%, and the five-year fixed rate products starts from 3.34%. It also offers a range of free valuation products across its standard two and five-year products for remortgages.

In addition to the standard and large loan products, Landbay has launched an improved HMO special edition range, enhancing rates and criteria on HMOs to 6 bedrooms. Rates now start at 3.35%.

Paul Brett, Managing Director of Intermediaries at Landbay, said, “Despite the stamp duty holiday deadline looming on the horizon, the start of the year has seen a tremendous demand for buy-to-let. Rents continue to rise and Rightmove reports that demand for rental property is up 20%. All of this means that buy-to-let remains a solid medium-term investment and many intermediaries will also be seeing an increase in demand from their landlord clients, particularly those with portfolios. 

“To meet this rising demand, we have completely refreshed our range and improved our already market leading offering. Our range now includes products with free valuations, free title insurance, cashback options and special HMO products, so we have a product to fit almost every client’s needs.”

Landbay has funding for its buy-to-let mortgages from multiple different bank and institutional funding sources. It recently reached number six on the Deloitte UK Fast 50 due to a 5,500% growth in turnover over the past four years. Landbay was the top ranked mortgage lender and is listed as the third fastest growing FinTech business on the list.

Brokers can visit Landbay’s website at: or phone: 0207 096 2700