November 22, 2023

LendInvest Mortgages cuts Residential product rates ahead of Autumn Statement

London, 22 November 2023 LendInvest Mortgages, the UK’s leading platform for mortgages, has reduced rates across its Residential product suite in a week of reductions and offers across its full mortgages product suite. 

Starting from 6.04%, LendInvest’s new Residential range offers flexible, reliable mortgages for Key Workers, Self-Employed, multiple income streams and customers with a more complex credit history. 

LendInvest’s refreshed Residential range follows rate cuts across our Buy-to-Let and Bridging products, all powered by the latest mortgage technology, and which supports you to get the right product for every type of customer. 

These product changes come at the same time as LendInvest announces its first ever Black Friday sale for Bridging Finance, which offers customers free valuations. 

Access the new updated product range on site here: https://docs.lendinvest.com/web/public-pdfs/resi-mortgages/rates-guide.pdf 

Paula Mercer, Head of Sales at LendInvest, said:As inflation falls and the Bank of England Base Rate remains static, we have been moving quickly to ensure those benefits are passed on to our residential customers who may struggle to get a mortgage elsewhere. Today we are delighted to announce these rate reductions, and are at the same time looking to the Chancellor, and his Autumn Statement to provide further support for these borrowers, including first-time buyers.” 

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.