LendInvest’s new holiday let range includes 7-year fix

Published on

LendInvest has unveiled a new product range for holiday lets and short-term properties, alongside a number of reductions across its standard property range.

The lender has introduced a new holiday let product catalogue, with rates starting at 3.59% for 65% LTVs for two year fixed products.

LendInvest has cut rates on its standard buy-to-let products, with its five-year 75% LTV product now available at 3.14% and the two-year fixed rate products starting from 2.75%.

In addition, it has reduced rates across its Small HMO range, including dropping its two-year 70% LTV product to 3.06%, and five-year 70% LTV product to 3.64%.

The lender has also launched a new seven-year fixed rate product, starting at 2.99% for 65% LTV.

Andy Virgo, sales director at LendInvest, said: “We are hugely excited to be releasing this new catalogue today, which includes a whole range of updates we have been eager to implement for landlords.

“Supporting landlords who are experienced in, or have diversified into the short-term let market is a natural progression for us, as we continue to broaden our funding sources we are keen to keep tailoring our offering, and delivering new products that fill the gaps we see in the 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

Knowledge Bank launches AffCalc to enhance affordability checks for brokers

Knowledge Bank has rolled out the full release of its new affordability assessment tool,...

Roma Finance bolsters team with two senior hires

Roma Finance has made two senior appointments as part of its strategy to double...

Many first-time buyers aim to clear their mortgage by 40, TSB finds

More than one in six first-time buyers hope to be mortgage free by the...

Loft conversions can add a quarter to home values

Homeowners who extend upwards are reaping the biggest rewards, with new data from Nationwide...

Tembo launches HomeSaver account for mortgage customers

Digital savings and mortgage platform Tembo has launched a new account that combines saving...

Latest publication

Other news

Knowledge Bank launches AffCalc to enhance affordability checks for brokers

Knowledge Bank has rolled out the full release of its new affordability assessment tool,...

Roma Finance bolsters team with two senior hires

Roma Finance has made two senior appointments as part of its strategy to double...

Many first-time buyers aim to clear their mortgage by 40, TSB finds

More than one in six first-time buyers hope to be mortgage free by the...