Product transfers offer landlords a hassle-free way to switch to a new deal without needing a full remortgage. While some specialist lenders provide this option for standard buy-to-let properties, choices for HMOs and MUFBs have been limited. Our new range here at Landbay changes that.
Who’s eligible?
If your client’s current fixed-rate mortgage with us is due to end within the next 90 days, they can begin the product transfer process.
We understand that landlords with complex portfolios require flexible refinancing solutions. Our product transfers now include HMOs, MUFBs, and standard properties.
How to apply
Our product transfers are available exclusively through intermediaries, offering competitive rates with a variable fee structure. Borrowing is available up to £1.5M at 75% LTV.
We use automatic valuations covering standard properties and Small HMOs where possible, provided the existing valuation is less than three years old. A standard valuation is required for large HMOs and all MUFBs.
Our product transfers include no legal fees, a £99 application fee, and 0.35% procuration fees.
If a different broker originally submitted your client’s existing case, you can take over it with their permission.
A quick and simple process
Applying for a product transfer via our broker portal is straightforward. Search for your completed cases; any fixed rate ending within 90 days will automatically be marked as eligible.
From there, review the applicant’s details, select a new product, and confirm any changes to the property or their circumstances.
To make things even easier, we’ve created a short video to guide you through the process.
A seamless switch for your clients
With many fixed rates expiring in the next 12 months, we’re here to make product transfers smooth and stress-free—no matter the size or complexity of your client’s portfolio.
For more details on our new product transfers, visit our website.