LendInvest backs Buy-to-Let market with new rates with bold reductions
London, 11 July 2023 – LendInvest, the UK’s leading platform for mortgages, has today launched a new, market-leading Buy-to-Let range as it looks to back landlords in this challenging market.
LendInvest is supporting landlords to get back into the market with rates starting from 5.54%, funded through its new £500 million partnership with Chetwood Financial Limited, announced this week.
This new range promises bold reductions across Buy-to-Let, with a 40bps drop on its tracker products to complement its new, wider and reduced fixed-rate products.
Supporting up to 75% LTV, the new rates will be powered by a market-leading technology platform which their team of experts have spent the last 6 months improving with new features, to deliver faster mortgages for brokers and their clients.
Access the new updated product range on site here: https://www.lendinvest.com/intermediaries/products/buy-to-let/
Sophie Mitchell-Charman, Commercial Director at LendInvest, said: “This new range is about us meeting the ambition our brokers and customers tell us they have but the market is not meeting. 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, and we look forward to seeing that come to fruition.”
LendInvest is the UK’s leading platform for property finance.
LendInvest offers short-term, development and buy-to-let mortgages to intermediaries, landlords and developers. Its proprietary technology and user experience are designed to make it simpler for both borrowers and investors to access property finance.LendInvest has lent over £3bn of short term, development and buy to let mortgages.
Its funders and investors include global institutions such as HSBC, Citigroup and NAB, and, in 2019, it was the first Fintech to securitise a portfolio of BTL mortgages. The company has reported annual profitable growth since 2015 and was named Digital Innovation Award Winner at the Sunday Times Tech Track 100 Awards, and both Specialist Lender and Buy-to-Let Lender of the Year for 2019 at the last NACFB awards.