Landbay – 10 Year Fixed Rate Products – Semi Exclusive

landbay logo10 Year Fixed Rate Products – Semi Exclusive available to individuals and limited company (SPV).

Connect are the only Network to have access to this product due to our internal packaging team; all other Network AR;s will need to use a 3rd party packager, therefore giving you a competitive advantage.


Standard property

Lending Criteria

  • No min income for landlords with > 24 months experience (All income must be proved)
  • England & Wales
  • Day 1 Remortgage
  • 10 year fixed rates calculated at payrate
  • Up to four applicants
  • 10 year products are for new business only

Accepted properties

  • Small HMO – up to 6 beds
  • Up to a maximum 10 stories
  • Ex Local Authority flats – Max 5 storeys
  • Ex Local Authority – Above commercial considered
  • Listed building – Grade 2 only
  • Properties used for student accommodation – Max 70% LTV
  • New build – Max Loan size outside M25 – £500K
  • New build – Max loan size Inside M25 – £1.5M
  • Green mortgage range properties must be EPC rated A to C

Further Advances

Further advances are available during the 10 year term

  • Max 2 further advances
  • Min Loan size £25,001 per advance
  • First further advance after 36 months
  • Final further advance before 96 months
  • Standard product and credit criteria will apply
  • Interest rate offered will be based on market rate at the time of application
  • LTV of the total advance can be no more than the max agreed for the scheme

Exclusions: Ex-pats, holiday lets & trading companies, Landlords with less than 24 months experience, MUFBs, Properties greater than 2 acres, Converted office buildings, Property value greater than £5m, Reversion rate 5% + BBR