LendInvest launches limited edition BTL remortgage products

Published on

LendInvest has cut its product fees and lowered interest rates for both of its five year fixed rate buy-to-let remortgage products for a limited time.

The five year fixed rate buy-to-let remortgage products will be available on standard property cases up to 75% LTV and up to £250k in loan size.

The products are offered at an interest rate of 3.60%, with the ICR calculated at the pay rate, or at an interest rate of 3.49% with the ICR calculated at 5%. Both products will have zero product fee.

LendInvest has also reduced rates for 80% LTV cases, with a two-year fixed now at 3.59% and a five-year fixed at 3.69%, both with a 1% product fee.

In line with this offer, free title insurance will be available on remortgages cases which streamlines the loan completion process.

Ian Boden (pictured), sales director at LendInvest, said: “As our internal processes continue to evolve; streamlining both our origination and loan management systems, we can increasingly offer our borrowers more competitive rates in the long term.

“These products will directly benefit our borrowers wishing to grow their business by enabling them to leverage and release capital for further property investment.”

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

Landlords brace for RRA impact as tenant stability holds firm

Landlords are preparing for significant change as the Renters’ Rights Act 2025 comes into force with...

Landlord exit reshapes London buy-to-let landscape

Landlords have been exiting the London rental market since reforms were first proposed with...

Brightstar COO urges brokers to back ED&I survey push

The mortgage industry has been urged to “take stock and reset” its approach to...

Sickness absence stuck above pre-pandemic levels

Sickness absence across the UK workforce remains elevated despite showing signs of stabilising, reinforcing...

The Darlington raises foreign currency mortgage LTV to 90%

Darlington Building Society has increased the maximum loan-to-value available on its foreign currency mortgage...

Latest publication

Other news

Landlords brace for RRA impact as tenant stability holds firm

Landlords are preparing for significant change as the Renters’ Rights Act 2025 comes into force with...

Landlord exit reshapes London buy-to-let landscape

Landlords have been exiting the London rental market since reforms were first proposed with...

Brightstar COO urges brokers to back ED&I survey push

The mortgage industry has been urged to “take stock and reset” its approach to...