Fifth rate reduction this year for BTL products
Buy-to-let lender Landbay has announced a 0.10% reduction in rates across its limited-edition small HMO (House in Multiple Occupation) and MUFB (Multi-Unit Freehold Block) products.
The five-year fixed rate products now start at 4.99% for loans up to 75% loan-to-value (LTV). These products, which were introduced at the beginning of the month, cater to loans ranging from £150,000 to £500,000.
The limited-edition range also includes options for remortgages and new purchases, in addition to the HMO and MUFB offerings. Furthermore, Landbay has applied the same 0.10% rate reduction to its new product transfer range, making these products also available from 4.99% at up to 75% LTV.
This marks the fifth instance of rate reductions from Landbay in 2025. The company highlighted this coincides with the recent introduction of a new product transfer offering.
The revised rates are now available, featuring Landbay’s variable fee structure to improve affordability. Intermediaries can utilise the lender’s buy-to-let affordability calculator to compare products.
Key products include:
- Limited edition small HMO/MUFB five-year fixed 75% LTV at 4.99% (5% fee)
- Limited edition small HMO/MUFB five-year fixed 75% LTV at 5.59% (2% fee)
- Product transfer small HMO/MUFB five-year fixed 75% LTV at 4.99% (5% fee)
- Product transfer small HMO/MUFB five-year fixed 75% LTV at 5.59% (2% fee)
“We are constantly reviewing our product range to make sure we offer our broker partners a broad range of competitive products to help them support landlord clients of all shapes and sizes,” said Rob Stanton (pictured), sales and distribution director at Landbay.
Stanton also noted the ongoing resilience in the buy-to-let market, with landlords actively seeking opportunities to invest. “We continue to see a real resilience in the buy-to-let market, with landlords not just staying in the market but actively looking to buy,” he said.
How do you think the recent rate reductions could impact the market? Share your thoughts in the comments below.
