LendInvest Mortgages launches new £350 cashback incentive and rate reductions for BTL
- £350 cashback and up to 10bps off for Buy-to-Let mortgages
- Application and valuation fees now paid upfront
- New incentives apply to new applications only
London, 31 July 2024 – LendInvest Mortgages, the UK’s leading platform for mortgages, launches new incentives for its Buy-to-Let mortgage range, providing customers with up to £350 cashback and up to 10bps off their next mortgage.
Customers can now benefit from a £350 cashback upon the completion of their Buy-to-Let mortgage. In addition to this, LendInvest is offering up to 10bps off across its Buy-to-Let mortgage range, further reducing the overall cost for borrowers.
Application and valuation fees will now be paid upfront, streamlining the mortgage process and making it more straightforward for customers. This initiative is part of LendInvest’s ongoing efforts to enhance its product offerings and maintain competitive pricing in the market.
This cashback and rate reductions apply to new applications only, and any live applications will not be affected by these changes.
Sophie Mitchell-Charman, Commercial Director at LendInvest, commented: “We understand the unique challenges faced by portfolio landlords and are committed to supporting them in an ever-changing market. This cashback feature provides immediate financial relief and enhances cash flow, allowing landlords to better manage expenses or invest in further property improvements.
“Our Mortgages platform allows us to implement important product changes and incentives that directly benefit landlords at speed, allowing us to better empower landlords in achieving their investment goals more efficiently.”
To get an instant quote for a Buy-to-Let mortgage, visit the LendInvest Mortgages portal or use the calculators available on the LendInvest Mortgages website.
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.