Friday, December 1, 2023
HomeMortgageLandbay cuts value of tracker offers

Landbay cuts value of tracker offers


Landbay has restructured its buy-to-let tracker vary, decreasing charges on various key merchandise.

Time period tracker charges had been decreased via 0.86% to 4.34% on usual merchandise, small HMOs and small MUFBs. Those merchandise are to be had for brand new construct in addition to older homes as much as 75% LTV. 

In the meantime Landbay has decreased charges for enormous HMOs and MUFBs via between 1.1% to 4.59%. It’s now providing those tracker offers at 70% LTV, prior to now this has been restricted to 75% LTV. 

All merchandise monitor the Financial institution of England base fee and there are not any early reimbursement fees. 

Landbay managing director Paul Brett says: “Those time period tracker merchandise be offering flexibility in addition to aggressive pricing, whilst providing debtors the chance to remortgage to every other product at any level with out penalty if they want.” 




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