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.
Get the best of both worlds with our 5-year fixed rate with no ERC after 3 years
Get the best of both worlds with our 5-year fixed rate with no ERC after 3 years – all stressed at payrate!
Have your clients requested short-term fixed products but had difficulty achieving the required borrowing levels?
Our new Special Edition range allows your client to have the flexibility of redeeming the loan after year three but benefiting from the stress test of a 5-year fixed-rate product.
The new range applies to standard properties and offers 75% LTV with rates starting from 4.99% and a variable fee structure for increased affordability.
These market leading products are now live on sourcing systems. Due to sourcing system capabilities, please ask your local BDM if you need help finding them.
What are the benefits to your landlord clients?
- Increased affordability with stress test at payrate
- Peace of mind with a five-year fixed rate
- Move to a new deal after three years with no ERC
- Hedging against future rate increases
Affordability calculations – 5 year vs 2 fixed rate
