Landbay cuts buy-to-let rates

Landbay has reduced rates by 0.10% and fees by 0.25% across its core buy-to-let product range.

Paul Brett, managing director, Intermediaries at Landbay, said: “As a technology-led lender, we are constantly looking at ways in which we can streamline the customer journey, for mortgage intermediaries and our landlord applicants. Intermediaries will now gain much more visibility in respect of the status of their cases and applicants will enjoy an even faster process.

“We’re constantly looking for ways to improve our products and this latest batch of rate and fee reductions keeps our core range attractive and competitive.”

At the same time the lender has upgraded its broker portal, which now includes detailed case status reporting and progress updates, plus the flexibility to download ESIS documentation at any time in the application process.

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