LendInvest reduces rates for its standard five year products and Small HMOs
London, 5 May 2021 – LendInvest, the UK’s leading platform for property finance, has announced key rate changes across its Buy-to-Let suite, including reductions across its standard BTL range and Small HMO’s.
LendInvest has reduced rates on its standard Buy-to-Let products, with its five year 75% LTV product now available at 3.44%. The new single pay-rate product is now available at 3.54%.
The lender has also made a range of reductions across its Small HMO range, including dropping its five year 75% LTV product to 3.64%.
Borrowers are eligible for a reduced £150 valuation fee on standard properties.
Andy Virgo, Sales Director at LendInvest, said: “We are very fortunate to have the ability to remain fluid with our product and continue to adapt our offering to serve the evolving needs of our landlords. These changes are aimed at bolstering our most popular products, while simplifying our range to make sense for our customers.”
To view the full updated product guide, visit the LendInvest Product Guide.
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.