Related topic: Buy-to-let

Landbay has cut rates on its existing Premier 75% LTV two-year fixed rates by 0.50%.

The move is designed to simplify the product offering and allow borrowers to benefit from the same rates.

The new stress rates will allow eligible customers to borrow up to an additional £33,000.

Reductions apply to both new business and existing customer product ranges.

Steve Cox, chief commercial officer at Fleet Mortgages, says buy-to-let should remain a core part of the advice mix with opportunities available for advisers to grow income in this...

The initiative supports landlords who are purchasing or remortgaging properties that meet higher energy efficiency standards.

The lender has introduced new two-year fixes and reduced rates on five-year products.

Residential rates have reduced by up to 0.35% across the Pepper48 range, including limited edition products.

The lender has also cut rates by 5bps across its standard buy-to-let ranges.

Residential remortgaging remains the standout area of activity.