The new range features significant rate reductions
Non-bank mortgage lender LendInvest has launched a new buy-to-let range to support landlords, with rates starting from 5.54%.
The new range features significant rate reductions across buy-to-let products, with a 0.40% drop on its trackers to complement its new, wider, and reduced fixed rate products.
“This new range is about us meeting the ambition our brokers and customers tell us they have but the market is not meeting,” said Sophie Mitchell-Charman (pictured), commercial director at LendInvest. “We hope that this shows confidence in the market that empowers landlords to go and meet the record high rental demand that is out there.
“Our buy-to-let team has been working hard on this new range to ensure everything is ready from an operational point of view to make every enquiry, application, and offer simple. We look forward to seeing that come to fruition.”
LendInvest said its new offering would be powered by a technology platform which its team of experts had spent the last six months improving with new features, to deliver faster mortgages for brokers and their clients.
At up to 75% loan-to-value (LTV), the new rates were funded through the lender’s new £500 million partnership with Chetwood Financial Limited, announced last week.
More details on LendInvest’s updated product range can be accessed online through its website.
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