Lendco has today informed brokers of a series of mortgage criteria changes, now available across selected buy-to-let (BTL) deals.
The lender announced it would now service houses in multiple occupation (HMOs) with up to 20 beds, as well as introducing up to 75% loan-to-value (LTV) for foreign nationals.
Lendco will also now consider leases up to 15 years and offer Bridge-to-Let products from 0.75% per month.
In addition to these criteria alterations, the lender also introduced a number of rate reductions across its buy-to-let range.
