Landbay to increase maximum loan term to 30 years
From 1 May specialist buy-to-let lender Landbay will be increasing its maximum loan term from 25 to 30 years.
All products will be available through Landbay’s approved distributor partners.
Paul Brett (pictured), managing director of intermediaries at Landbay, said: “We are constantly listening to our intermediary partners to understand the needs of the clients.
“This product enhancement is a direct response to those needs, and we are pleased to be able to offer even more flexibility to brokers and their landlord clients.”
In March Landbay promoted Joela Jenvey to head of networks and clubs and earlier this month the lender appointed three head of sales, Helen McKinney for the South, Ian Hall the North and Rob Stanton for the Midlands.