May 23, 2023

LendInvest cuts rates by up to 35bps across its residential mortgage range

London, 23 May 2023 LendInvest, the UK’s leading platform for mortgages, has significantly reduced rates across its residential mortgage range, as it continues to build the right product catalogue to support Qualified Professionals, Key Workers and customers with complex income streams and credit histories.

Rates have been reduced by up to 35bps, on its 90% LTV products, which it hopes will support more people to realise the dream of their next home after a challenging few months in the mortgage market. 

LendInvest Residential Mortgage range applicants are also eligible for free valuations under £400 or £400 off valuation fees.

LendInvest’s Residential Mortgage range includes Key Worker Mortgages, Credit Friendly Mortgages and Qualified Professional Mortgages, each tailored to serve the needs of customers with more complex income sources and credit histories. 

The lender’s proprietary technology platform, which makes even the most complex of cases simpler and faster, improves the overall mortgage experience for homeowners.

Sophie Mitchell-Charman, Commercial Director at LendInvest commented:We want to continue offering homeowners and their brokers the best possible product to meet their needs, and we feel by reducing rates at higher LTVs we will support them to do that. We’ve been overwhelmed by the positive feedback to our technology since launch and as deals have completed, now we want to support more people to see the benefit of that technology.”

Access the full updated LendInvest Residential Mortgage range on site here.

About LendInvest

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.