Landbay has started offering multi-unit freehold block (MUFBs) mortgages for first-time landlords from 3.49%.
This puts the range in line with the lender’s HMO products for landlords, which the firm brought to market last week.
Landbay has also cut core buy-to-let rates by 0.24%, while green buy-to-let mortgages have been cut by up to 0.14% to 2.99%
Finally the lender has launched large loan 65% LTV 5-year cashback products from 3.24%
Paul Brett, Landbay’s managing director, intermediaries, said: “We constantly look to revise our range to make sure that it is highly competitive across every type of specialist buy-to-let mortgage.
“With our new competitive green products, plus MUFB and HMO mortgages for first-time landlords, as well as an attractive standard and new build range, we believe that we have something for every landlord.”