The updated range now offers up to 85% loan-to-value deals
LendInvest Mortgages has announced rate reductions and enhancements to its bridging product suite, marking the conclusion of a week of updates across its mortgage offerings.
The lender has reduced rates by up to five basis points for residential bridging loans up to £3 million, semi-commercial and commercial loans up to £1.5 million, and development exit loans up to £1 million.
The updated bridging range now offers up to 85% loan-to-value (LTV) with low monitoring refurbishment finance, targeting buy-to-let refurbishments, house flips, and auction purchases.
LendInvest also offers specialised support for semi-commercial and development exit projects. Brokers can access live updates and instant quotes through the LendInvest Mortgages Portal, facilitating a more efficient application process.
The announcement follows recent enhancements to LendInvest’s residential and buy-to-let product suites, which included rate reductions, new products, and increased loan limits.
“We are thrilled to cap off a week of major improvements across our entire product suite with these rate reductions for our bridging range,” said Sophie Mitchell-Charman (pictured), commercial director at LendInvest. “These changes, in particular, further our goal of providing simple, fast, and cost-effective bridging solutions for our customers.
“By carefully monitoring the market and expertly enhancing our product offerings, we are reinforcing our commitment to providing flexible, competitive, and efficient mortgage solutions. Whether it's residential, buy-to-let, or bridging finance, LendInvest aims to be the first choice for customers who need innovative solutions to complex financing challenges.”
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