The lender is also offering fixed rate products from 4.2%, a HMO tracker from 3.98% and an expat tracker from 4.38%
Buy-to-let lender Landbay has launched a new range of products for professional landlords – with highlights including a standard term tracker at 3.88% to 65% loan-to-value.
The lender is also offering fixed rate products from 4.2%, a HMO tracker from 3.98% and an expat tracker from 4.38%
Landbay's products range from 65% to 80% LTV.
Paul Clampin, chief lending officer of Landbay , said: “The buy-to-let market is set to become more complex in 2017, as landlords face an increasingly intricate lending landscape and tighter regulation.
“It’s in such a context that borrowers and brokers need solutions that meet their changing needs, so these new products have been designed to do just that for the growing number of professional landlords.
“As landlords move to navigate this complex environment, so too must lenders ensure that affordability calculations are robust, and in line with the rest of the industry. This is why we have chosen to refine our ICR calculations.”
Landbay, which was the fastest-growing online peer-to-peer lending platform in 2015, has lent over £42m since 2014.
