The enhancements include fee cuts of up to 0.5% and a reduction in rates by up to 0.6%, with a variety of products changing, including fixed and tracker products across standard properties, small and large HMOs and expat lending.
BTL landlords will be able to access these products through their brokers, in addition to them being available through Landbay’s network and club partners.
The specialist BTL lender is also launching a lending update for its packager partners with the maximum loan size increasing from £1.5m to £2m for its approved packager partners.
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Paul Brett, managing director of intermediaries at Landbay (pictured above), said: “In the ever-changing world of buy-to-let, brokers and landlords alike need access to a wider offering and more flexibility than ever before.
“Landbay prides itself on putting its intermediary partners front and centre, attending broker events around the country to ensure we’re meeting the requirements of the market.
“This product revamp is designed to help brokers support more of their landlord clients.
“The increased loan size and reduced rates will ensure we remain competitive in the market.
“This is especially the case in more unusual cases, which are becoming ever more commonplace in the specialist world of buy-to-let.”
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