Landbay announces rate reductions across green products

Landbay has reduced the pricing across most of its core products, which includes cuts to its green offering.

The buy-to-let (BTL) green product range, which Landbay launched in June with 75% LTVs, now has two-year fixed rates starting from 2.89%, which is down from 2.99%, as well as additional 70% LTV options.

These are new five-year fixed rates set at 3.09% for properties with an Energy Performance Certificate (EPC) rating of A or B, and 3.14% for a C rated property.

The lender has also refreshed the pricing across its core BTL range which includes two-year fixed rate mortgages starting from 2.85%.

Landbay managing director, intermediaries, Paul Brett, commented: “Two months into our green mortgage range and the interest from intermediaries has been incredible. We have now introduced a 70% LTV green mortgage, to help satisfy landlord demand.

“We have also been able to lower rates on most of our core products and will continue to maintain our highly competitive stance in the market to ensure a really strong year has an even stronger finish.”

    Share Story:

Recent Stories


FREE E-NEWS SIGN UP

Subscribe to our newsletter to receive breaking news and other industry announcements by email.

  Please tick here to confirm you are happy to receive third party promotions from carefully selected partners.


The future of the bridging industry and the Autumn Budget
MoneyAge content editor, Dan McGrath, is joined by head of marketing at Black & White Bridging, Matt Horton, to discuss the bridging industry, the impact of the Autumn Budget and what the future holds for the sector.

The UK housing market in 2024
The performance of the UK housing market in 2024 has largely exceeded many people's expectations, although challenges remain for first-time buyers due to house prices increasing and a testing rental market for many. Regional disparities, such as the North-South divide, also continue to influence housing accessibility and affordability for many buyers in pockets of the country.

Intergenerational lending
MoneyAge News Editor, Michael Griffiths, hosts Family Building Society BDMs, Amar Mashru and Arif Kara, to discuss intergenerational lending and explore ways that buyers can use family income to help increase their borrowing capacity when applying for a mortgage