Lendco reduces rates by up to 74bps

By Bridging Loan Directory 10th January 2024

Specialist Buy to let and Bridging lender, Lendco, has introduced a new range of BTL mortgage products, with reductions of up to 74bps across its two and five-year fixed rate products.

The current range also features lower arrangement fee options, plus an expansion of the Verde product range which rewards landlords who hold more energy-efficient properties that have an EPC rating of A-C.

Alex King, Executive Director at Lendco, commented:

“We are delighted to welcome 2024 with a reduction in fixed-rate pricing for our brokers and their borrowers.

The outlook for 2024 seems to be more positive and we look forward to what we hope to be more stable conditions.

Our best pricing is reserved for those borrowers who operate the most energy-efficient homes for their tenants and our refurbishment-to-let options are proving very popular with those borrowers looking to do just that.”