Rates and fees lowered as Landbay upgrades broker portal

19 May 2021

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

Some of Landbay’s rates have fallen by 0.10% and fees decreased by 0.25% as part of a streamlining of its product range.

The portal upgrade includes the addition of new functionality to make intermediaries’ lives easier. New features and services include more detailed case status reporting and progress updates plus the flexibility to download 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 the Offer is made.

Paul Brett, Managing Director, 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.”