Rates now start at sub-5%
LendInvest Mortgages has introduced new, lower buy-to-let rates, offering more options for landlords looking to begin, expand, or enhance their property portfolios.
Following a rate cut in June, LendInvest has further reduced selected five-year rates by up to 10 basis points (bps), with rates now starting as low as 4.99%.
The non-bank mortgage lender said the new rates reflect its commitment to providing attractive and flexible financing options tailored to the diverse needs of property investors.
“We are constantly striving to provide the best possible terms for our customers,” said Sophie Mitchell-Charman (pictured), commercial director at LendInvest Mortgages. “Our latest rate reductions are designed to make it even easier for landlords to manage and grow their portfolios, demonstrating our dedication to supporting the buy-to-let market.”
LendInvest has recently introduced a streamlined product transfer process for buy-to-let customers nearing the end of their fixed term agreements, following the incorporation of buy-to-let options into the lender’s Mortgages Portal, further simplifying the mortgage process through technological advancements.
The lender offers short-term, buy-to-let, and homeowner mortgages. Its proprietary technology and user experience are designed to simplify property finance access for both borrowers and investors.
The company has lent £7 billion in short-term, development, buy-to-let, and homeowner mortgages. Its funders and investors include global institutions such as J.P. Morgan, HSBC, Citigroup, and NAB. In 2019, it became the first fintech to securitise a portfolio of buy-to-let mortgages.
LendInvest has also received several awards, including the Digital Innovation Award at the Sunday Times Tech Track 100 Awards, Buy-to-Let Lender of the Year for 2020 at the NACFB Awards, and recognition as one of FT1000’s Fastest Growing Companies in Europe for 2021.
Want to be regularly updated with mortgage news and features? Get exclusive interviews, breaking news, and industry events in your inbox – subscribe to our FREE daily newsletter. You can also follow us on Facebook, X (formerly Twitter), and LinkedIn.
