Lendco has cut landlord rates, with two- and five-year fixed-rate deals falling by up to 63 basis points.  

The broker-only specialist lender says reductions range across standard buy-to-let, houses in multiple occupation, multi-unit freehold blocks, and bridge exits. 

The firm adds that it has improved fees on trackers, with early repayment charges being waived in the event of a landlord using one of its own product transfers. 

Highlights of reduction include: 

• Standard two-year fixes from 4.66% 
• Standard five-year fixes from 5.19% 
• Reduced stress rate on trackers to 5.25% 
• Product transfer pricing mirrors new business rates 

Lendco executive director Alex King says: “This product suite offers excellent choice and leverage, including some shorter duration products for those clients who are after a very competitive two-year fixed rate, made even more compelling when coupled with a very fast turnaround.”