Landbay has launched a number of its premier range products into Scotland. Following a successful initial phased launch, the range of 75% LTV products is available to the whole of market with all broker firms able to offer standard, like-for-like remortgage, remortgage with a free valuation, and remortgage with a free valuation and cashback options to landlord clients. On its standard range, two-year options start from 3.14% with a 5% fee, with zero, 1%, 2% and 3% fee options available. Its like-for-like remortgage products starts at 4.64% on a two-year fix and a five-year fix at 4.19%, with a 2% and 5% fee respectively.

Inspired Lending has announced a rate reduction across its product range, with new pricing now starting from 0.79% per month, down from 0.89%. The new rates are designed to make the lender’s offering more attractive to a greater number of investors and developers with less complicated transactions seeking short-term funding for purchases, refurbishments and capital raising. Inspired Lending has also recently introduced a flexible funding facility designed for property professionals with existing portfolios who need structured, relationship-led funding rather than an off-the-shelf product.

LiveMore has reduced its minimum borrower age from 50 to 40 to address increasing financial pressures faced by midlife borrowers and responding to rising demand for mortgage solutions that extend into retirement. The lender will continue offering its full range of later life lending products, which have been expanded to support borrowers aged 40 and above with complex mortgage needs both before and during retirement. LiveMore said that change reflects shifts in borrowing patterns, with approximately 40% of new mortgage now extending beyond a borrower’s pension age, with those aged between 40 and 49 representing the largest share of these cases.

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