LendInvest reintroduces holiday let products

Published on

LendInvest Mortgages has updated its buy-to-let proposition by lowering rates and increasing maximum loan sizes.

It has reduced rates by up to 15bps across its buy-to-let range, with rates now starting at 3.89%. Landlords can now also access up to 80% LTV on five-year products for both standard properties and small HMOs.

Maximum loan sizes have been increased up to £3 million.

Meanwhile, LendInvest has reintroduced holiday let products, offering new two and five-year fixed rates. In addition, the maximum LTV for new build flats has been increased, aligning it with that for new build homes.

Sophie Mitchell-Charman, commercial director at LendInvest, said: “We are delighted to introduce these significant updates to our buy-to-let product suite. These changes are designed to empower property investors with more options and better financial flexibility.

“By reducing rates and expanding our product range, we aim to support a wider array of investment strategies and help landlords achieve their property investment goals.

“At LendInvest, we strive to be the preferred lender for those seeking innovative and competitive mortgage solutions, especially in a dynamic market.”

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

Bridging Soup launches major market research initiative

Bridging Soup has launched a new research initiative to build a clearer picture of...

Just one in seven homes records five years of growth

Fewer than one in seven UK homes increased in value during every year of...

Word On The Street arranges £108m of property finance in record year

Word On The Street arranged more than £108 million of property finance across 239...

Beverley enhances SIPP income assessment

Beverley Building Society has introduced a tiered approach to assessing income from self-invested personal...

Commonhold and RTM: do not mistake control for simplicity

Commonhold is presented as a fairer form of flat ownership. Right to Manage (RTM)...

Latest publication

Other news

Bridging Soup launches major market research initiative

Bridging Soup has launched a new research initiative to build a clearer picture of...

Just one in seven homes records five years of growth

Fewer than one in seven UK homes increased in value during every year of...

Word On The Street arranges £108m of property finance in record year

Word On The Street arranged more than £108 million of property finance across 239...