LendInvest Mortgages cuts rates and announces Limited Edition Buy-to-Let offer to support First-time Landlords
London, 3 April 2024 – LendInvest Mortgages, the UK’s leading platform for mortgages, has announced a limited edition Easter incentive for its Buy-to-Let landlord customers as it reduces rates up to 15bps.
The limited edition offer is targeted at first-time landlords, and offers free valuations on Small HMO properties up to £500k.
At the same time, LendInvest Mortgages has made reductions across its entire Buy-to-Let range up to 15bps as it looks on to build on an unprecedented start to the year for its Buy-to-Let business.
Sophie Mitchell-Charman, Commercial Director at LendInvest, said: “Landlords and brokers have come forward in huge numbers in the first quarter of 2024 as they look to make up for lost time in 2023.
“Our focus remains sharply on monitoring the market closely; and tailoring our product suite accordingly, with the goal of stimulating growth in the market while providing all-important support for first-time landlords.
“We’re one of few lenders who will support a first-time landlord to purchase a small HMO or small MUFB, and this free valuation offer on small HMOs is part of supporting them and all landlords to meet their ambitions.”
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.