LendInvest Mortgages simplifies residential mortgage products and reduces rates by up to 35bps

By Bridging Loan Directory 23rd July 2024

LendInvest Mortgages, the UK’s leading platform for mortgages, announces the launch of a streamlined range of residential mortgage products, delivering simpler and faster options for homeowners.

This enhancement follows the introduction of improved criteria in June and includes significant rate reductions, making LendInvest’s mortgage offerings more competitive and straightforward.

Highlights:

Streamlined product range: LendInvest has simplified its residential mortgage products to provide more straightforward options for brokers and their clients.
Rate reductions: Up to 35bps off 2-year fixed-term products and up to 30bps off 5-year fixed-term products, offering more competitive rates to customers.
Redesigned rate guide: A newly designed rate guide further simplifies the mortgage offering, ensuring clarity and ease of understanding for brokers and customers alike.

Paula Mercer, Head of Sales at LendInvest, commented:

“We are excited to bring these enhancements to our residential mortgage products.

Our goal is to make the mortgage process as simple and efficient as possible for brokers and their clients.

With these changes, we are confident that we can offer competitive rates in the market while maintaining the high standards of service our customers expect.”