You will see Lendco have pricing reductions of up to 25bps across their 2 and 5 year fixed products for most asset types in their rate card attached. They remain keen for specialist BTL and this refresh sees them keener on pricing versus some of their competitors in this space. They still have zero capacity for Holiday Lets but they are writing a lot of ex-pat and foreign national business.
Lendco have recently written some good portfolios both for incorporation purposes and in instances where capital is being raised for expansion, both of which they are fine with.
Finally, Lendco are currently expecting to widen criteria shortly so expect some new rates and criteria in early October. They hope that these amendments can serve customer well in the interim.