Lendco has brought out refreshed five-year fixed rates, product transfer, bridge exit and tracker ranges and removed its two-year fixed rates.
According to a broker note, buy-to-let, five-year fixed rates start at 6.19 per cent at 75 per cent loan to value.
Five-year fixed rate product transfers begin from 6.4 per cent and tracker product transfers start from the three-month Sonia rate plus 1.9 per cent.
Fixed bridge exits are priced from 6.5 per cent and tracker bridge exits are three-month Sonia rate plus 1.85 per cent.
The lender will also offer a full procuration fee with its product transfer range.
Lendco has also changed its application process to remove the necessity for each applicant to digitally sign its application form.
The lender said that this meant the “nominated adviser” can have borrowers’ consent to process their information on their behalf and it had made changes to recognise this consent.
“A welcome step forward, please help us to help you by ensuring that the data you process is accurate and as comprehensive as possible,” it added.
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
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