Landbay has expanded its premier range with small HMO (house in multiple occupation) remortgage products, offering five-year fixed rates starting from 5.44% at 75% LTV (loan-to-value). The products are available via broker only.

What Landbay Is Offering

Small HMO purchase products - covering properties with up to six bedrooms - were added to Landbay's premier range last month, according to Mortgage Strategy. The new remortgage options extend that coverage. Both the purchase and remortgage products sit within the same premier range tier.

The remortgage products are fixed for five years. The 5.44% starting rate applies at 75% LTV, meaning you would need at least 25% equity in the property to access the headline rate. Broker access is required - there is no direct-to-lender route on these products.

Why This Matters If You Hold or Run HMOs for SA

Many operators in the serviced accommodation (SA) space hold HMO properties alongside, or as part of, their SA setup. A fixed remortgage rate over five years gives your cost base predictability. That matters when your occupancy and nightly rate can shift month to month.

If you are considering converting an HMO to SA use, locking in financing costs now - before any further rate movement - is one fewer variable to manage. That said, licensing requirements for both HMOs and SA properties vary by local authority, so your compliance obligations do not change based on which lender you use.

These products are broker-only. You may wish to speak to a specialist buy-to-let broker to assess whether the 75% LTV threshold and the five-year fix fit your portfolio plans.