LendInvest reduces residential rates

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LendInvest has updated rates across its residential mortgage range as it continues to improve its offering for key workers, the self-employed and those with complex income streams and credit histories.

The lender’s residential mortgage product now offers rates starting from 5.29%, with two-year and five-year fixed rates available and LTVs up to 90%.

LendInvest residential mortgage range applicants are eligible for free valuations under £400 or £400 off valuation fees.

The residential mortgage range includes Key Worker Mortgages, Credit Friendly Mortgages and Qualified Professional Mortgages, each aimed at serving the needs of customers with more complex income sources and credit histories.

Sophie Mitchell-Charman (pictured), commercial director at LendInvest, said: “Following the launch of our new residential mortgage range last month, we are keen to keep iterating our products and listening to what customers, who are regularly overlooked by the market, need to purchase their first home. These changes improve access to finance for these customers, which we are hugely excited about.”

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