Lendco launches 3.49% 2 year fixed rate to reward green borrowers
Specialist buy to let and bridging lender, Lendco, has released a 2-year fixed rate priced at 3.49%.
The product is aimed at rewarding landlords who hold properties with an EPC rating between A – C, and carries a 7% fee.
Alex King, Executive Director at Lendco, stated:
“Net zero is more important than ever so it makes sense to price this product in a way that rewards borrowers who sustainably add to, or refinance their portfolios.
We’re pleased we can help our brokers with this new low-rate option. It compliments our already competitive product range and is aimed at those customers who are after a low headline rate for a shorter period, and who want to invest in more energy-efficient assets.”