LendInvest Refreshes Buy-to-Let Mortgage Offering
As a landlord, staying on top of the latest mortgage deals is crucial to maximizing your investment. That’s why LendInvest’s recent updates to its buy-to-let (BTL) suite are a welcome development. The platform has reduced rates by up to 15 basis points across its BTL range, with rates now starting at 3.89%. This move is part of LendInvest’s ongoing commitment to providing competitive mortgage solutions for landlords.
New mortgage rates offer more flexibility for landlords
In addition to the rate reductions, landlords now have access to loans offering up to 80% loan-to-value (LTV) on 5-year products for both standard properties and small HMOs. This increased flexibility is a significant boon for investors looking to expand their portfolios.
“We are delighted to introduce these significant updates to our buy-to-let product suite.” - Sophie Mitchell-Charman, Commercial Director at LendInvest
The changes also include enhanced terms for new build flats, aligning them with new build homes. This move is a response to investor demand and demonstrates LendInvest’s commitment to listening to its customers.
New build homes get a boost with enhanced terms
In recent months, LendInvest has also introduced a new product transfer process for BTL customers, featuring a streamlined application process and dedicated underwriter support, without the need for legal involvement on pound-for-pound product transfers. This development is a significant step forward in making mortgage applications more efficient and customer-friendly.
As a landlord, it’s essential to stay informed about the latest mortgage deals and products. With LendInvest’s refreshed BTL offering, investors now have more options and better financial flexibility to achieve their property investment goals.
More options for landlords to achieve their property investment goals
In conclusion, LendInvest’s updates to its BTL suite are a positive development for landlords. With reduced rates, increased loan sizes, and enhanced terms for new build flats, investors now have more flexibility and options to grow their portfolios. As the mortgage market continues to evolve, it’s essential to stay informed and adapt to the changing landscape.
The mortgage market is constantly evolving