LendInvest Mortgages has launched two new 85% LTV products that support borrowers looking to quickly acquire and ‘flip’ homes.
The House Flip Bridge and Landlord Refurb Bridge are available at 85% LTV, with interest rolled automatically to be repaid at the end of the loan. The minimum loan size is £100,000 for both products.
These products offer landlords and property investors the opportunity to increase rental yields, quickly acquire, flip and sell homes with no monitoring on the works being carried out.
Access these new bridging products by registering on the LendInvest Mortgages portal, an end-to-end case management tool that makes enquiry and application quicker for brokers, and speeds up underwriting and processing.
Sophie Mitchell-Charman, commercial director at LendInvest Mortgages, said: “Our commitment to innovation and responsiveness to market demands drives us to continually enhance our product offerings.
“With the launch of the House Flip Bridge and Landlord Refurb Bridge we are looking to empower landlords and property investors alike to seize opportunities, increase yields, and thrive in the dynamic property market.
“These new products, combined with our dedicated support and market-leading portal, reflect our unwavering commitment to supporting our borrowers while they do what they do best, build high quality homes.”
