Specialist lender Landbay has reduced rates across its fixed-rate products.

The biggest savings are on offer for landlords opting for 2-year fixed-rate mortgages, with rates plummeting by an impressive 0.15%. This includes mortgages designed for small Houses in Multiple Occupation (HMOs) and Multi-Unit Freehold Blocks (MUFBs). The best rates start at a tempting 3.99% for loans up to 75% loan-to-value (LTV).

Landbay has also reduced rates on their 5-year fixed-rate products, with savings of 0.10% available. This applies to both standard buy-to-let properties and those falling under the small HMO and MUFB categories. Again, rates are at their lowest for loans up to 75% LTV, starting from 4.59%.

For maximum flexibility, Landlords can choose from Landbay’s variable fee structure to find an option that suits their budget. And for those seeking even greater savings, zero-fee products are also on offer.

To make life even easier, Landbay has a handy buy-to-let affordability calculator on their website, allowing you to compare different mortgage products and find the perfect fit.

Rob Stanton, Sales and Distribution Director at Landbay, commented: “We’re delighted to respond to the recent positive news on inflation by reducing rates across our fixed-rate products. We’ve seen a lot of movement in the market lately, and we’re committed to offering our customers the most competitive deals.”

He added, “Our advanced technology allows us to react quickly to market changes, ensuring our broker partners and their landlord clients always have access to the best possible rates.”