LendInvest Mortgages launches new Buy-to-Let range with rates starting from 3.99%
London, 24 November 2023 – LendInvest Mortgages, the UK’s leading platform for mortgages, has launched a new Buy-to-Let product suite with bold reductions and larger loan sizes to support professional landlords around the UK.
LendInvest is supporting landlords with up to 30bps off across its range of two, five and seven year Buy-to-Let mortgages, with rates starting at 3.99%.
Changes include specialist support for complex Buy-to-Lets including an expanded maximum loan size for Large HMOs and MUFBs, with the upper limit increasing to £1.5 million.
LendInvest Mortgage’s new Buy-to-Let range is the latest update in a string of rate cuts across its Residential and Bridging products, powered by a market-leading technology platform developed to deliver faster mortgages for brokers and their clients.
Access the new updated product range on site here: https://docs.lendinvest.com/web/public-pdfs/btl-resources/btl-rates-guide.pdf
Sophie Mitchell-Charman, Commercial Director at LendInvest, said: “This week marks a pivotal moment for LendInvest Mortgages, not just in launching this new Buy-to-Let product range, along with other key updates to our mortgages suite, but also in aligning our efforts with the broader economic landscape.
“The Bank of England’s pause on interest rate hikes comes at a crucial time for the UK property market, and our latest offerings are designed to bolster this positive momentum. By introducing significant rate reductions and expanded lending capabilities, we aim to empower professional landlords and invigorate the property sector. This refreshed range, combined with a stabilising financial environment, provides ample ground for landlords to bolster their portfolios.”
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.