August 6, 2021

LendInvest repositions BTL suite with rates starting from 2.85%

London, 6 August 2021 – LendInvest, the UK’s leading asset manager for property finance, has announced a range of key changes to its Buy-to-Let suite, including significant rate reductions across standard properties and HMOs.

LendInvest has repriced its standard Buy-to-Let products, with its two year 65% LTV product now available at 2.85%, and its five year 65% LTV product at 3.04%.

The lender’s five year 75% LTV product has been reduced to 3.20% for standard properties.

For small HMO’s, the two year product is now available at 3.04%, and the five year product at 3.34%. LendInvest has also introduced a 75% two year LTV product at 3.69%, and five year at 3.95% for large HMOs and MUFBs.

Borrowers are eligible for a reduced £150 valuation fee on standard properties.

Andy Virgo, Sales Director at LendInvest, said: “We’ve had a hugely productive summer at LendInvest. The opportunity to bring this newly priced range of products to our broker partners attention is welcomed and should be seen as a sign of our commitment to help landlords access not only great service and processes but compelling rates too.”

 

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.