Lendco has revamped its BTL mortgage products with five-year fixed-rates starting from 5.69% and two-year fixed-rates from 5.29%, available across standard BTL, HMOs and MUFBs.
The lender is also offering five-year products stressed at payrate, as well as its tracker range from 2.25% over three-month SONIA, with stresses from 6.75%.
All products are available with a tiered fee structure to promote maximum leverage and meet the needs of the lender’s experienced portfolio landlord borrowers.
Standard pricing with no loading is available for portfolio landlords, limited companies, or trust applications.
Simon Knight, CEO at Lendco, commented: “By offering a variety of fees and rates we are able to provide a suitable product for all of our intermediary partners and the landlords they look after — whether that be increasing leverage over five-year borrowing or taking a shorter-term product whilst waiting for this turbulent market to settle.”
