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.”

Latest POLL

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

Advisers warned of regulatory risks over neglecting wills and LPAs in later life lending

Financial advisers could be falling short of regulatory expectations and endangering customer outcomes by...

Rosemount Financial Solutions announces senior promotions

Rosemount Financial Solutions (IFA) has announced a series of senior promotions as the growing...

L&G adds Harpenden Building Society to surveying services panel

Legal & General (L&G) has expanded its Mortgage Services business with the addition of...

HTB appoints Alexia Evans as lending director to strengthen development finance team

Hampshire Trust Bank (HTB) has appointed Alexia Evans as lending director within its development...

Other news

Advisers warned of regulatory risks over neglecting wills and LPAs in later life lending

Financial advisers could be falling short of regulatory expectations and endangering customer outcomes by...

Rosemount Financial Solutions announces senior promotions

Rosemount Financial Solutions (IFA) has announced a series of senior promotions as the growing...

L&G adds Harpenden Building Society to surveying services panel

Legal & General (L&G) has expanded its Mortgage Services business with the addition of...
Advertisement