LendInvest Mortgages has announced a 10 basis point rate cut across its two and five-year fixed rate buy-to-let products.
The lender’s lowest rates now start at 3.74%.
These rate reductions follow the lender's recently launched suite of semi-commercial buy-to-let products, allowing professional property investors to further diversify their property portfolios through mixed-use properties.
Rod McPherson, head of distribution at LendInvest, said: “We’re really pleased to give our brokers and their clients some extra financial headroom with this 10bps rate cut. As the UK property market finds its stride and continues to stabilise, we intend to keep looking for these opportunities to cut our rates even further.
"At Lendinvest, we’ve always supported brokers and their property investor clients, and for us, that means expanding horizons. Our new semi-commercial line of buy-to-let products and our approach to funding proves that financing complex properties doesn’t have to mean dealing with complex hurdles. We’ve built a solution that makes it easier than ever for professional landlords to diversify their portfolios."
