Specialist buy-to-let (BTL) and bridging lender Lendco has reduced rates across its 2-year and 5-year mortgage products by 0.74%, effective today (Wednesday 10th January 2024).
The lender also introduced lower arrangement fee options and expanded its Verde product range, aimed at landlords with properties with an Energy Performance Certificate (EPC) of Band A to Band C.
Alex King, executive director at Lendco, said: “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”
He added: “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.”
