SteveT
Member of DD Central
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Post by SteveT on Nov 9, 2015 19:45:30 GMT
I have just received an email from Landbay advertising a new customer referral incentive that runs until 31st December. Open a new account via a referral from an existing Landbay lender (I'm happy to help if you PM me your email address) and invest £1000 to receive £50 cashback.
Landbay offer 2 products, both secured against high quality buy-to-let mortgages and backed by their provision fund. Choice between the 3.5% BBR tracker (interest paid monthly, withdrawals generally within a day or 2) or a 4.2% 3 year fixed rate.
I have used the 3.5% BBR tracker product for some time as a minimal effort and more liquid alternative to Ratesetter's 30 day market (also similar in profile to Assetz Capital's QAA, although your money is invested immediately with Landbay).
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jonah
Member of DD Central
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Post by jonah on Nov 9, 2015 20:32:16 GMT
I have just received an email from Landbay advertising a new customer referral incentive that runs until 31st December. Open a new account via a referral from an existing Landbay lender (I'm happy to help if you PM me your email address) and invest £1000 to receive £50 cashback. Landbay offer 2 products, both secured against high quality buy-to-let mortgages and backed by their provision fund. Choice between the 3.5% BBR tracker (interest paid monthly, withdrawals generally within a day or 2) or a 4.2% 3 year fixed rate. I have used the 3.5% BBR tracker product for some time as a minimal effort and more liquid alternative to Ratesetter's 30 day market (also similar in profile to Assetz Capital's QAA, although your money is invested immediately with Landbay). If there is a short term product, does the offer have a minimum term to hold it for? 
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SteveT
Member of DD Central
Posts: 6,875
Likes: 7,924
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Post by SteveT on Nov 9, 2015 20:34:47 GMT
I believe you're expected to keep a minimum balance of £1050 invested for 12 months (ie your initial £1000 investment plus the £50 CB)
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stevio
Member of DD Central
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Post by stevio on Nov 9, 2015 22:18:51 GMT
So effectively 8.5% return on £1000 then?
Not quite attractive enough for me, sorry
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anu
New Member
Posts: 1
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Post by anu on Feb 29, 2016 10:28:57 GMT
I have just received an email from Landbay advertising a new customer referral incentive that runs until 31st December. Open a new account via a referral from an existing Landbay lender (I'm happy to help if you PM me your email address) and invest £1000 to receive £50 cashback. Landbay offer 2 products, both secured against high quality buy-to-let mortgages and backed by their provision fund. Choice between the 3.5% BBR tracker (interest paid monthly, withdrawals generally within a day or 2) or a 4.2% 3 year fixed rate. I have used the 3.5% BBR tracker product for some time as a minimal effort and more liquid alternative to Ratesetter's 30 day market (also similar in profile to Assetz Capital's QAA, although your money is invested immediately with Landbay). I am interest in this one, what si your offer if u refer me
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SteveT
Member of DD Central
Posts: 6,875
Likes: 7,924
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Post by SteveT on Feb 29, 2016 10:34:45 GMT
I am interest in this one, what si your offer if u refer me Have PM'd you
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