Landbay launches market-leading five-year fix
Landbay, Europe’s fastest-growing buy-to-let lender, today launches the UK’s lowest five-year fixed rate buy-to-let mortgage.
The new rate is just 2.99% and it is available up to 50% LTV on standard properties with loan sizes up to £1m.
Paul Brett, managing director of Landbay intermediaries, said, “This is the only five-year fixed rate buy-to-let mortgage for limited companies that is under 3%.
“This should be positive news for brokers and landlords as Landbay is at the forefront of driving down rates and making buy-to-let ever-more affordable at a time when landlords most need it to be.”
Landbay was this month ranked twelfth in the FT 1000 index of fastest growing companies in Europe. It also reached number six in last year’s Deloitte UK Fast 50. Landbay was listed as the top ranked mortgage lender and the third fastest growing FinTech business in the UK.
