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.
Landbay rate reprice. New rates available on 20th July
Landbay will be updating its Buy-to-Let products on Wednesday 20th July. To manage our service level commitments, we will not inform intermediaries until tomorrow, when there will be a grace period for existing approved DIPs on the withdrawn products to be fully submitted, fees paid, and applications signed by midnight on Thursday 21st July 2022.
If you have a case already fully submitted and for any reason you wish to change the rate brokers must notify us before midnight on Thursday, the 21st of July. These requests must be notified by email and a supporting phone call (lines close at 5.30pm) to our telephone or underwriting team to ensure we can make the amendments there and then.
As a side note, any application in progress prior to the rate change, will progress at the original rate agreed, whether offered or not.