Buy-to-let lender Landbay has launched the UK’s lowest five-year fixed rate limited company buy-to-let mortgage, at 2.99% to 50% loan-to-value.
The mortgage is available on standard properties with loan sizes up to £1million.
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.”
This post has originally been featured in Property Wire.