Landbay is launching two new Premier like-for-like products.

The buy-to-let lender is introducing a Premier like-for-like 2-year fixed rate remortgage at 4.49% with a maximum 75% LTV and a 2% fee.

Additionally, Landbay is introducing a product transfer (PT) version, also a 2-year fixed rate with a maximum LTV of 75% and a 2% fee but at 4.54%. The PT option is exclusively for existing Landbay loans approaching reversion.

The minimum loan size of both products is £30,000 while the maximum loan size is £2m, accommodating a wide range of portfolio needs.

Stress testing for these products is calculated at the pay rate or 4.50%, whichever is higher.

Rob Stanton, sales and distribution director at Landbay, says:“These new Premier Like-for-Like products are a direct response to the ongoing challenges landlords face in today’s market – particularly around affordability. By introducing these competitive 2-year fixes, we’re providing further help with affordability. 

“This not only gives landlords much-needed breathing space when remortgaging but also equips our broker partners with a stronger toolkit to secure deals efficiently.

“Ultimately, these products are designed to support the increase in demand for 2-year fixed rate products, empowering landlords to make informed decisions without the pressure of extended lock-ins.”