LendInvest repositions BTL suite with rates starting from 2.85%

By Bridging Loan Directory 6th August 2021

LendInvest, the UK’s leading asset manager for property finance, has announced a range of key changes to its Buy-to-Let suite, including significant rate reductions across standard properties and HMOs.

LendInvest 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, 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.”

To view the full updated product guide, visit the LendInvest Product Guide.