Aspen has reduced rates by 60bps across all products, lowering pricing for developers and foreign national investors at the start of 2026.
The specialist lender has published its new 2026 rate card, which shows Heavy Refurbishment now priced at 0.74% per month at 80% LTV. Residential and Development Exit pricing has also moved to 0.74% per month, available up to 75% LTV.
Several other products have seen the same scale of reduction. Award-winning No Valuation rates, including refurbishment options, have dropped to 0.79% per month at up to 80% LTV. Stepped Rates, which are open to all products and client types, now start from 0.35% per month.
Further changes apply across Aspen’s specialist segments:
Foreign National, Semi-Commercial and Commercial products now start from 0.84% per month
Ground-up development pricing has reduced to 0.79% per month
Each adjustment represents a 60bps reduction, bringing pricing down consistently across the lender’s offering.
“In this rapidly evolving financial market, it’s essential we remain competitive,” said Jack Coombs, chief operating officer at S&U PLC (pictured). “These reductions, alongside our excellent customer service, will ensure we are the lender of choice for brokers representing quality UK developers and foreign national investors.”
