LendInvest Mortgages launches new £350 cashback incentive and rate reductions for BTL

By Bridging Loan Directory 31st July 2024

LendInvest Mortgages, the UK’s leading platform for mortgages, launches new incentives for its Buy-to-Let mortgage range, providing customers with up to £350 cashback and up to 10bps off their next mortgage.

Customers can now benefit from a £350 cashback upon the completion of their Buy-to-Let mortgage. In addition to this, LendInvest is offering up to 10bps off across its Buy-to-Let mortgage range, further reducing the overall cost for borrowers.

Application and valuation fees will now be paid upfront, streamlining the mortgage process and making it more straightforward for customers.

This initiative is part of LendInvest’s ongoing efforts to enhance its product offerings and maintain competitive pricing in the market.

This cashback and rate reductions apply to new applications only, and any live applications will not be affected by these changes.

Sophie Mitchell-Charman, Commercial Director at LendInvest, commented:

“We understand the unique challenges faced by portfolio landlords and are committed to supporting them in an ever-changing market.

This cashback feature provides immediate financial relief and enhances cash flow, allowing landlords to better manage expenses or invest in further property improvements.

Our Mortgages platform allows us to implement important product changes and incentives that directly benefit landlords at speed, allowing us to better empower landlords in achieving their investment goals more efficiently.”