
"Everyone at LendInvest and LendInvest Mortgages is excited by what this next step can offer us, our broker partners and their mortgage customers"
LendInvest has launched a new business division, LendInvest Mortgages, which will house the lender’s residential, buy-to-let and bridging products.
Designed specifically to serve mortgage brokers and their customers, LendInvest Mortgages is built on the lender's platform which utilises a back-end management system to provide total visibility of a mortgage in one place and gives brokers full sight of each case’s progress.
At the same time, the lender has launched LendInvest Capital, which houses its investment proposition including its funds, self-select platform, retail bonds and financial partnerships, while also serving professional property developers seeking larger, or more bespoke financing for their projects.
The news comes as LendInvest Mortgages launches a new buy-to-let product range, with rates starting from 4.79%.
LendInvest has introduced a new suite of two and seven-year fixed products and reintroduced large HMO fixed rate products.
Sophie Mitchell-Charman, commercial director at LendInvest, said: “This is an important and exciting day in the continued journey of LendInvest.
”LendInvest Mortgages will build on the reputation for excellence we’ve developed over our 15-year history in the mortgage market; by focussing more intently on creating market-leading mortgage technology, connecting brokers with our expert people, and ultimately offering the best products for every type of mortgage customer.
“Everyone at LendInvest and LendInvest Mortgages is excited by what this next step can offer us, our broker partners and their mortgage customers, and the renewed focus on what we can build to make mortgages simple.”