Update from Landbay  - 25/07/2024 08:54

Landbay update via 1APP

 

introduction of a New Range of Non-Portfolio Products

 

  1. 10 new Non-Portfolio Standard 5-year fixed products with 55%, 70%, and 75% LTV.

 

Additionally, we are refreshing our Standard 5-year fixed 55% LTV offering by:

 

  1. Decreasing the rate of 3 existing products by 25bps.
  2. Releasing 2 new products.

 

Non-Portfolio Product Details

 

These products are available for landlords who own 3 or fewer mortgaged properties (the 4th purchase is acceptable).

New builds are acceptable.

The maximum loan amount for these products has increased to £1.5m at 75% LTV and £2m up to 70% LTV.

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