LendInvest reprices buy-to-let offering

Published on

LendInvest has made a number of important changes to its buy-to-let proposition, including rate reductions across standard properties and HMOs.

The platform has repriced its standard buy-to-let products, with its two-year 65% LTV product now available at 2.85%, and its five-year 65% LTV product at 3.04%.

The lender’s five-year 75% LTV product has been reduced to 3.20% for standard properties.

For small HMO’s, the two year product is now available at 3.04%, and the five year product at 3.34%. LendInvest has also introduced a 75% two year LTV product at 3.69%, and five year at 3.95% for large HMOs and MUFBs.

Borrowers are eligible for a reduced £150 valuation fee on standard properties.

Andy Virgo (pictured), sales director at LendInvest, said: “We’ve had a hugely productive summer at LendInvest. The opportunity to bring this newly priced range of products to our broker partners attention is welcomed and should be seen as a sign of our commitment to help landlords access not only great service and processes but compelling rates too.”

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

The Coventry cuts limited company buy-to-let rates for brokers

Coventry for intermediaries has reduced selected limited company buy-to-let rates by up to 20...

Paragon Bank introduces limited edition 60% LTV buy-to-let products

Paragon Bank has expanded its buy-to-let range with a new tranche of 60% loan-to-value...

TwentyCi hires Nick Huntley to lead sales at TwentyEA and TwentyConvey

TwentyCi has appointed Nick Huntley as sales director for TwentyEA and TwentyConvey as the...

HSBC cuts mortgage rates by up to 34bps across core ranges

HSBC UK has reduced mortgage rates across its product range, with cuts of up...

Atom bank reduces prime mortgage rates by up to 25bps

Atom bank has cut rates across its prime mortgage range by as much as...

Latest publication

Other news

The Coventry cuts limited company buy-to-let rates for brokers

Coventry for intermediaries has reduced selected limited company buy-to-let rates by up to 20...

Paragon Bank introduces limited edition 60% LTV buy-to-let products

Paragon Bank has expanded its buy-to-let range with a new tranche of 60% loan-to-value...

TwentyCi hires Nick Huntley to lead sales at TwentyEA and TwentyConvey

TwentyCi has appointed Nick Huntley as sales director for TwentyEA and TwentyConvey as the...