lendco

Lendco releases 2-year mortgage product for green borrowers

Lendco has released a new 2-year fixed rate product priced at 3.49%.

The product is aimed at rewarding landlords who hold properties with an Energy Performance (EPC) rating between Band A and C, with a 7% fee.

Alex King, executive director at Lendco, said: “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.”

He added: “We’re pleased we can help our brokers with this new low-rate option.

“It complements 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.”

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