Compare Mortgage Rates from Lendco Against the Market

About Lendco

Lendco was formed by experienced mortgage professionals to strip away the frustrations of the market. Their core philosophy is manual underwriting.

Instead of using rigid automated scorecards, every application is assessed by a human underwriter who looks at the "commercial reality" of the deal. This makes them a key lender for professional investors with complex portfolios, foreign income, or unusual property types.

Mortgage & Finance Products

Lendco’s product range is strictly for property investors and landlords in England and Wales. They do not offer residential mortgages for you to buy a home to live in.

• Buy-to-Let (BTL) Mortgages:

  • Portfolio Landlords: They have no limit on the size of a landlord's background portfolio, making them ideal for large-scale investors

  • Complex Structures: They are experts in lending to Limited Companies (SPVs), LLPs, and Trusts

  • Specialist Properties: They finance large HMOs (Houses in Multiple Occupation) up to 20 bedrooms, MUFBs (Multi-Unit Freehold Blocks), and Holiday Lets

  • Expats & Foreign Nationals: A major specialism. They actively lend to UK nationals living abroad and foreign nationals (non-residents) investing in the UK

• Bridging Finance:

  • Residential Bridging: Fast, short-term loans for purchasing investment properties or "breaking the chain"

  • Refurbishment: Funding for Light Refurbishment (aesthetic updates like new kitchens/bathrooms) and Heavy Refurbishment (structural changes, extensions, conversions)

  • Bridge-to-Term: A seamless product that allows you to buy a property on a bridging loan, refurbish it, and then switch onto a Lendco Buy-to-Let mortgage once the work is done

Pros and Cons of Lendco

Here is a balanced overview of choosing Lendco for your property finance:

Pros:

• Manual Underwriting: You get a decision from a human expert, not a computer. They can take a view on a borrower’s wider business background and assets

• Foreign National Experts: They are one of the most flexible lenders for non-UK residents and expats, often accepting applicants from a wide list of countries

• Large Asset Appetite: While many lenders cap HMOs at 6 rooms, Lendco will consider up to 20 bedrooms, which is vital for serious student accommodation investors

• Speed: As a non-bank lender with streamlined systems, they are known for moving faster than traditional commercial banks

Cons:

• Intermediary-Only: You cannot apply directly. You must use a mortgage broker to access their rates

• Not a Bank: They do not accept savings deposits (so they are not FSCS protected in that sense, though this doesn't affect borrowers). This also means their funding comes from capital markets, which can sometimes make pricing more sensitive to market volatility.

• No Residential: If you want to buy a house to live in, Lendco cannot help you. Their focus is 100% on investment property

Customer Service and Reviews

Because Lendco deals almost exclusively with intermediaries, public reviews from end-borrowers are rarer than for high-street banks.

• Broker Feedback: In the mortgage industry, Lendco is highly rated. They regularly win awards such as "Best Specialist Buy-to-Let Lender" and are praised by brokers for their accessibility—brokers can often pick up the phone and speak directly to the underwriter making the decision

• Service: They are known for their "common sense" approach. If a deal makes sense but doesn't quite fit the tick-boxes, they will often try to find a way to make it work

How to Apply

Lendco is an intermediary-only lender. You cannot apply for a mortgage directly with them. Their products are exclusively available through professional mortgage brokers.

Through a Broker: You must use an independent mortgage broker. It is highly recommended to use one who specialises in Buy-to-Let or Bridging finance. We can act on your behalf if you’d like to apply with Lendco, get started to speak to one of our BTL or bridging specialists.