LendInvest joins MCI Mortgage Club lender panel

Published on

LendInvest has become the latest provider to join MCI Mortgage Club’s lender panel.

MCI Mortgage Club members will now have access to LendInvest’s online buy-to-let platform.

LendInvest recently made a series of changes to its buy-to-let products, including introducing additional products at 65% and 70% LTV and cash back contribution towards legal fees on its 75% LTV 5 year fixed rate products.

This announcement also comes soon after the news that LendInvest has received £200m in funding from The National Australia Bank for the business to expand its capacity to lend in the BTL market.

Ian Boden (pictured), sales director at LendInvest, said: “We are delighted to be partnering with MCI Mortgage Club at a key time of growth for LendInvest. Demand continues to ramp up for our buy-to-let product; with new partners on both the funding, and distribution sides of our business, we are well equipped to serve their extensive network of brokers and borrowers.”

Phil Whitehouse, head of MCI Mortgage Club, added: “LendInvest is a very welcomed addition to our growing lender panel. MCI members will be delighted by the way that LendInvest really understands its professional customers and provide swift and simple solutions in a very effective manner.

“LendInvest’s ability to alleviate crucial pain points for brokers through the use of their platform is one of the reasons we were keen to partner with the business.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

ModaMortgages partners with Mortgage Intelligence to expand BTL reach

ModaMortgages has secured a new distribution agreement with Mortgage Intelligence, giving the network’s nearly...

Pure Retirement expands adviser support with new hire and streamlined processes

Lifetime mortgage lender Pure Retirement has reinforced its adviser proposition with the appointment of...

Selina Finance enhances HELOC with flexible drawdown and improved broker terms

Selina Finance has unveiled an updated version of its home equity line of credit...

Afin Bank launches mortgage proposition for high net worth clients

Afin Bank has unveiled a new mortgage range aimed at high net worth borrowers,...

Inspired Lending joins Brickflow lender panel

Inspired Lending has joined the lender panel of Brickflow, the UK’s digital marketplace for...

Latest publication

Other news

ModaMortgages partners with Mortgage Intelligence to expand BTL reach

ModaMortgages has secured a new distribution agreement with Mortgage Intelligence, giving the network’s nearly...

Pure Retirement expands adviser support with new hire and streamlined processes

Lifetime mortgage lender Pure Retirement has reinforced its adviser proposition with the appointment of...

Selina Finance enhances HELOC with flexible drawdown and improved broker terms

Selina Finance has unveiled an updated version of its home equity line of credit...