LendInvest Mortgages cuts rates by up to 25bps

Published on

LendInvest Mortgages has cut rates across its residential mortgage offering.

The range has rates which now start from 5.74%, including reductions on its tracker products by up to 25bps, and reductions across all fixed rates by 15bps.

It has also introduced new, no-fee products to help homeowners with the upfront costs of their mortgage.

Paula Mercer (pictured), head of sales at LendInvest, said: “These changes mark our next step in support of brokers and their customers who may be traditionally harder to place with a lender.

“In the year since we launched residential mortgage products, we’ve seen lots of appetite and learned a lot from our brokers’ feedback so we can keep building a product range that meets the needs of borrowers who are underserved by the mainstream mortgage lenders.”

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

MAB sees revenues rise 19% as adviser productivity strengthens

Mortgage Advice Bureau has posted a robust trading update for the first half of...

Rightmove mortgage revenues double as digital growth strategy pays off

Rightmove has more than doubled the size of its mortgages business in the first...

Market Harborough eases stress tests to support wider range of residential borrowers

Market Harborough Building Society has announced a relaxation of its interest rate stress testing...

CHL Mortgages cuts buy-to-let rates by up to 32bps

CHL Mortgages for Intermediaries has unveiled sweeping rate cuts across its buy-to-let mortgage range,...

The Skipton cuts rates on no-deposit mortgage

Skipton Building Society will on Monday reduce rates across several of its mortgage products,...

Latest publication

Latest opinions

A walk on the supply side

The UK government’s stated goal to build 1.5 million homes during the current parliamentary...

Don’t build in fear – quality must come before quotas

“This is my message to housebuilders: get on with it. If you promise homes,...

AI won’t replace mortgage brokers – but those who don’t adapt could be left behind, say industry leaders

Artificial intelligence is set to transform the mortgage industry but it won’t replace the...

Why the mortgage industry must digitise for the customer, not just for compliance

Home buyers today can manage their finances, verify their ID and even order a...

Other news

MAB sees revenues rise 19% as adviser productivity strengthens

Mortgage Advice Bureau has posted a robust trading update for the first half of...

Rightmove mortgage revenues double as digital growth strategy pays off

Rightmove has more than doubled the size of its mortgages business in the first...

Market Harborough eases stress tests to support wider range of residential borrowers

Market Harborough Building Society has announced a relaxation of its interest rate stress testing...