Hinckley & Rugby for Intermediaries has unveiled new 80% LTV options, while also cutting rates for limited company landlords.
Available immediately, the new range of two-year discounted products have rates starting from 4.99%, and are available for landlord borrowers seeking to purchase or refinance.
The lender has also reduced the rate on its limited company BTL two-year discounted product at 70% LTV, from 5.40% to 5%.
“What we are seeing more often now is brokers weighing up that trade-off more carefully,” said Laura Sneddon, head of mortgage sales at Hinckley & Rugby for Intermediaries (pictured above).
“While fixed-rates can work well from that point of view, not every landlord wants to lock in at today’s pricing.
“That is where discounted products start to come back into the conversation.
“By introducing 80% LTV options and adjusting pricing across the range, we are giving brokers more scope to structure cases around those real conversations, rather than relying on a single approach.”
