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

Conveyancing costs hold at 0.53% of house prices

Conveyancing costs remained unchanged as a proportion of UK house prices during the year...

No holidays: advice firms need a plan for a busy August

Every summer, the same quiet risk runs through the intermediary market. Advisers, case managers...

OPDA welcomes Rayner’s return to housing brief

The Open Property Data Association has welcomed Angela Rayner’s return as housing secretary and...

UTB widens buy-to-let criteria

United Trust Bank Mortgages has introduced a package of buy-to-let criteria changes aimed at...

JammJar appoints Kieren Pace to lead customer support

Mortgage technology provider JammJar has appointed Kieren Pace as customer success manager as six...

Latest publication

Other news

Conveyancing costs hold at 0.53% of house prices

Conveyancing costs remained unchanged as a proportion of UK house prices during the year...

No holidays: advice firms need a plan for a busy August

Every summer, the same quiet risk runs through the intermediary market. Advisers, case managers...

OPDA welcomes Rayner’s return to housing brief

The Open Property Data Association has welcomed Angela Rayner’s return as housing secretary and...