Aspen has begun 2026 with a series of rate reductions across its entire product range, lowering pricing by 60bps on all facilities.

The specialist lender has published its new 2026 rate card, which includes heavy refurbishment pricing from 0.74% per month at 80% LTV. Residential and development exit funding is now available from 0.74% per month at 75% LTV.

Aspen has also reduced pricing across its no valuation range, including refurbishment products, with rates now starting at 0.79% per month up to 80% LTV.

Stepped rates, available to all clients across all products, have been lowered to start from 0.35% per month.

Further reductions apply to Aspen’s foreign national, semi-commercial and commercial offerings, where rates now start from 0.84% per month. Ground-up development pricing has also been cut, with rates now from 0.79% per month.

All of the changes represent rate reductions of 60bps and apply across the lender’s full product suite.

Jack Coombs, chief operating officer at S&U PLC, parent company of Aspen, said: “In this rapidly evolving financial market it’s essential we remain competitive.

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.”