Landbay has cut rates on its core and specialist buy-to-let ranges by up to 20 basis points.
The lender has reduced rates on products in both categories, with reductions applying to standard buy-to-let and specialist lending areas including holiday lets, multi-occupancy homes (HMOs), multi-unit blocks (MUFBs) and commercial businesses.
Within the core range, five-year fixed standard products and automated valuation models (AVM) with an LTV of 75% have been reduced by 20 basis points and are now available from 4.74%.
The two-year fixed products in the range have also been reduced by 20 basis points and are now available from 3.99%.
In its specialist range, Landbay has reduced the five-year fixed LTV HMO and MUFB rates of 75% by 10 basis points and are now available from 5.44%.
The two-year specialist products have also been reduced by 10 basis points and are available from 4.34%.
Landbay has also reduced rates on its core product transfer range, with five-year fixed products up to 75% LTV now available from 5.24%, while two-year fixed products start from 4.24%.
The changes follow cuts announced earlier this month for more than 50 products in the lender’s Premier range.
The Premier range includes standard and HMO products for landlords with up to 15 mortgaged properties and is available to both individual and unnamed borrowers.
Landbay sales and distribution director Rob Stanton said: “Following the widespread discounts we announced across our Premier range earlier this month, we are pleased to be making further cuts across both our core and specialist products.
“These latest changes ensure that agents have access to even more competitive prices for a wider range of landlord scenarios, wants and needs, whether they are placing simple buy-to-let cases or supporting clients with more specialist lending needs, such as HMOs and MUFBs.
“While market conditions remain fluid, we remain committed to doing everything we can to support brokers and their landlord clients with competitive products, broad lending options and certainty of service.
“The strength of our proposition lies not only in the pricing, but also in the breadth of choice we can offer, and these discounts ensure that advisors have access to solutions that can meet the needs of landlords at all stages of their property investment journey.”

