News in brief - 2 May 2025

Landbay has reduced rates across its non-portfolio range of products by up to 0.25%. The range is designed for landlords with three or fewer mortgaged properties and benefit from both AVM and standard valuation options. The five-year fix starts from 4.09% at up to 75% LTV. In addition, Landbay’s standard five-year 55% LTV fixes also start from 4.19%.

ModaMortgages has boosted its maximum LTV to 80%, with zero fee options on its range of buy-to-let products. The new options are available on the lender’s core and limited edition two- and five-year products. The lender has also reduced rates on selected limited edition products by up to 0.10%, with two- and five-year fixes starting from 3.44% and 4.84% respectively.

Zephyr Homeloans has cut rates across its two-year mortgage products. For properties with an A to C EPC rating, rates start from 2.79% on a standard mortgage and the mortgage for new builds and flats above commercial properties. Furthermore, the HMO/MUFB mortgage option starts from 2.94%. These products are available at up to 65% LTV and come with a 7% fee.



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