Landbay Launches New Five-Year Fixed Remortgage Products

Landbay has introduced a new range of five-year fixed Premier remortgage products designed to assist landlords with straightforward cases. Partnering with digital conveyancing firm Conveyd, Landbay offers an assisted legals model that combines artificial intelligence with specialist expertise to streamline the conveyancing process. This approach aims to reduce upfront costs for landlords by including a free valuation and shorten the time to completion by managing the conveyancing journey in collaboration with solicitors.

These new buy to let products are exclusively available on a five-year fixed basis, with rates starting from 5.09%. Fees vary between £999 and £1,999 depending on the loan size. The deals are remortgage-only, available up to 75% loan-to-value (LTV), and cover borrowing amounts from £30,000 to £750,000 on properties valued up to £1.5 million. Landbay’s Premier range supports landlords with portfolios of up to 15 properties and is open to both individual and limited company borrowers.

Hampshire Trust Bank Adjusts Pricing for Larger Loans

Hampshire Trust Bank (HTB) has revised its buy to let pricing structure for loans exceeding £1 million, introducing clearer rate differentiation at lower LTVs. The lender states that pricing will now more visibly reflect conservative leverage, strengthening the link between LTV, servicing strength, and overall cost. This update targets professional landlords who typically hold established portfolios and are more selective about taking on additional debt.

Alex Upton, Managing Director of Specialist Mortgages at HTB, commented: “Professional landlords are thinking much more deliberately about how they use leverage. This change ensures that lower leverage and stronger servicing are recognised clearly in pricing and reflects how we believe specialist buy to let lending should be structured.”

The Mortgage Works Cuts Rates for Second Time in a Week

The Mortgage Works (TMW) has confirmed a second rate reduction within a week across its new business buy to let mortgage range. Selected one-, two-, and five-year fixed products have seen rate cuts of up to 0.20 percentage points. The lender’s lowest buy to let rate now stands at 2.29%.

Among the updated deals, a one-year fixed rate for both purchase and remortgage has been reduced to 2.29% with a 2% fee, available up to 75% LTV. Two-year fixed rates start at 2.49% with a 3% fee up to 65% LTV for purchase and remortgage, while a two-year fixed remortgage option is offered at 2.84% up to 75% LTV with free valuation and legal fees. A five-year fixed rate has also fallen to 3.57%, including the same incentives.

What This Means for UK Landlords

The recent moves by Landbay, Hampshire Trust Bank, and The Mortgage Works highlight a competitive market for buy to let remortgage products, with lenders focusing on both pricing and process efficiency. Landlords can benefit from lower interest rates, reduced upfront costs, and faster conveyancing, which can improve cash flow and reduce the administrative burden of remortgaging.

Professional landlords managing multiple properties should note the emphasis on conservative leverage and servicing strength in pricing, particularly for larger loans. This approach encourages prudent borrowing and may influence portfolio management strategies.

Suggested internal link anchors
– buy to let remortgage deals
– five-year fixed rate mortgages
– assisted legal conveyancing
– loan-to-value (LTV) ratios
– professional landlords
– portfolio management
– mortgage rate cuts
– remortgage fees
– digital conveyancing
– specialist buy to let lending
– property valuation
– limited company borrowers

TLA update

TLA is launching a new Trusted Partners Hub in Q1 2026, featuring verified and approved service providers selected to support landlords, tenants, and property management businesses. We are inviting legal, trades, insurance, financial, mortgage, tenant screening, and other service providers to register their interest here: https://landlordassociation.org.uk/become-a-tla-service-partner/