LendInvest reduces residential product rates

LendInvest's new residential range offers rates from 6.04%.

Related topics:  Mortgages
Rozi Jones | Editor, Financial Reporter
22nd November 2023
Paula Mercer LendInvest
"We are delighted to announce these rate reductions, and are at the same time looking to the Chancellor, and his Autumn Statement to provide further support for these borrowers"
- Paula Mercer, head of sales at LendInvest

LendInvest Mortgages has reduced rates across its residential product suite.

Starting from 6.04%, LendInvest’s new residential range is available to key workers, self-employed, multiple income streams and customers with a more complex credit history.

LendInvest’s refreshed residential range follows rate cuts across its buy-to-let and bridging products.

The product changes also come at the same time as LendInvest announces its first ever Black Friday sale for bridging finance, which offers customers free valuations.

Paula Mercer, head of sales at LendInvest, said: “As inflation falls and the Bank of England Base Rate remains static, we have been moving quickly to ensure those benefits are passed on to our residential customers who may struggle to get a mortgage elsewhere.

"Today we are delighted to announce these rate reductions, and are at the same time looking to the Chancellor, and his Autumn Statement to provide further support for these borrowers, including first-time buyers. ”

 

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