Landbay has launched a new range of two- and five-year products, available through an automated valuation model (AVM). The new range by the buy-to-let lender includes two-year standard options available at up to 75% LTV, with rates starting at 3.74%. Non-portfolio landlords with three or less mortgage properties can access five-year standard products, also available at up to 75% LTV, with rates at 4.29%. All products are available using Landbay’s variable fee structure for enhanced affordability.

Nationwide has reduced rates by up to 0.26% across its two, three, five and 10-year fixed rate products, with a new mortgage rate of 3.78% available to any new and existing customers looking to move home. For new and existing customers moving home, five-year rates at 60% LTV start at 3.78% and 3.83%, with fees of £1,499 and £999 respectively. Five-year fixes at 75% LTV with no fee begins at 4.09%. For first-time buyers, five-year rates at 60% and 90% LTV start at 3.99% and 4.64% respectively, with £1,499 and £999 fees respectively. A two-year fixed rate at 60% LTV is also available at 4.74% with no fee.

SortRefer has announced the launch of a new flexible mortgage product series, which expands its existing range of remortgage legal options and offers enhanced pricing flexibility. The series was developed after brokers conveyed a need for more adaptable pricing structures within its existing fixed price remortgage packages. In response, SortRefer initially introduced a pilot product priced at £349, designed to address this need for flexibility. The firm decided to expand the products into its full range following a pilot scheme, with the initial £349 pilot being replaced by a broader range of options, with packages priced at £245, £295, £345, £395, £445, and £495. Each package in the flexible remortgage series provides a base price that covers all necessary remortgage work and also allows brokers to adjust quotations to accommodate any additional work that may need to be carried out.

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