Landbay launches two non-portfolio landlord products and cuts select rates

by:
  • 17/06/2021
  • 0
Landbay launches two non-portfolio landlord products and cuts select rates
Landbay has launched two new deals for non-portfolio landlords and cut rates on two existing products.

 

The new non-portfolio landlord products are a two-year and a five-year fixed at 65 per cent loan to value (LTV), for loan sizes of £100,000 to £1.5 million.

The rate for the two-year fixed is 2.85 per cent, and for the five-year fixed, 3.35 per cent.

The lender also cut rates on its non-portfolio two and five-year fixed rates at 75 per cent LTV. The two-year rate was reduced from 3.14 per cent to 2.95 per cent, and the five-year rate from 3.39 per cent to 3.35 per cent.

The permitted loan size for the non-portfolio deals is £100,000 to £1 million and all are subject to a product fee of 1.5 per cent.

There are 0 Comment(s)

You may also be interested in

Read previous post:
Enterprise Finance completes bridging loan in five hours

Specialist finance broker Enterprise Finance has completed a bridging loan in under five hours to help a couple buy their...

Close