Lendco reintroduces buy-to-let range with two and five-year fixed rates

Two-year fixed rates start at 5.29 per cent and five-year fixed rates are priced from 5.69 per cent.

The lender also offers a tracker rate which begins from three-month Sonia rate plus 2.25 per cent. The deal stresses from 6.75 per cent.

Standard buy-to-let rates start from 5.69 per cent, HMO and MUFB rates begin from 5.99 per cent.

Five-year products are stressed at the payrate and there is standard pricing with no loading for portfolio landlords limited companies or trust applications.

Simon Knight, chief executive of Lendco, said: “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.”

“Our ‘can do’ mentality is reflected in this new product range, along with the certainty of execution that continues to be one of the major reasons brokers choose Lendco.”

The lender temporarily removed products due to capital market volatility last week following higher-than-expected inflation figures. A slew of other lenders have also been withdrawing and repricing products over the last week or so.