Landbay has released an intermediary update. Check their Product Guide or Lending Criteria for further details or visit their Broker Portal. You can access Landbay products, using the Brilliant Solutions direct to lender mortgage club and receive payment on completion. Contact us for further information.
We are pleased to announce the launch of four new fixed-rate non-portfolio remortgage products. These will appeal to landlords looking for lower interest rates and a simplified underwriting process.
The 2 and 5 year fixed rates are competitively priced and are available for individuals or limited companies with a maximum of 2 directors/individuals.
- 2 and 5 year fixed rates
- Rates from 3.14%
- 75% LTV up to £1m loan size
- 5 year fixed rate stressed at pay rate
- Free valuations on selected remortgage products
Landbay will be launching 4 new products to the market on 3rd March.
These products are only available for applications with <2 directors / individuals with 3 or less properties.
- Rates starting from 3.14%
- Free Valuations available on both 2 & 5 year fixed rates.
- Available for individuals and limited companies (max 2 individuals or directors)
- 5 Year fixed rates calculated at payrate.
- Simplified underwriting
- Minimum Income £25k (Combined)
- Maximum borrowing £1m
- Re-Mortgage only
- Excludes HMO’s / MUFB’s
- Above commercial
- New build
- Ex Local Authority
- Maximum 3 properties at time at time of underwrite.