Specialist lender Landbay has announced the addition of four new limited edition products for small HMOs (Houses in Multiple Occupation) and multi-unit freehold blocks (MUFBs). These new offerings, available at up to 75% loan-to-value (LTV), cater to loans ranging from £150,000 to £500,000, with five-year fixed rates starting at 5.09%.
These products complement Landbay’s existing limited edition range, which was previously expanded to include options for both remortgage and new purchases. The lender has also introduced additional small HMO and MUFB products to its product transfer offering, further strengthening its commitment to supporting landlords and brokers in the buy-to-let market.
Landbay’s Sales Director, Rob Stanton, highlighted the growing demand for multi-unit properties due to the pressures in the residential market and the increasing number of students, transient workers, and foreign nationals.
“As a lender supporting the buy-to-let market, it’s important that we can offer the necessary products to support broker partners and their landlord clients across the country,” Stanton said. “Another important addition to our product transfer proposition further proves our commitment to grow and expand this valuable product range.”
With competitive rates and a streamlined process offering time and cost savings, Landbay continues to strengthen its position in the market. As demand remains strong, brokers and landlords alike can take advantage of these new solutions to optimise their investments.
For more information on Landbay’s latest buy-to-let mortgage products, visit their website or contact their broker support team.
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