Landbay lowers rates and upgrades broker portal

Jake Carter

May 19, 2021

Landbay has reduced rates and fees across its core buy-to-let (BTL) product range and completed a significant upgrade to its broker portal.

The lender has cut rates by up to 0.10% and fees have decreased by 0.25% as part of a streamlining of its product range.

The portal upgrade includes the addition of new features and services, including more detailed case status reporting and progress updates, plus the flexibility to download European Standardised Information Sheet (ESIS) documentation at any time in the application process.

In addition, applicants no longer need to sign the offer document, and solicitors are instructed as soon as an offer is made.

Paul Brett, managing director of intermediaries at Landbay, said: “As a technology-led lender, we are constantly looking at ways in which we can streamline the customer journey, for mortgage intermediaries and our landlord applicants.

“Intermediaries will now gain much more visibility in respect of the status of their cases and applicants will enjoy an even faster process.

“We’re constantly looking for ways to improve our products and this latest batch of rate and fee reductions keeps our core range attractive and competitive.”

Sign up to our daily email