LendInvest launches limited edition BTL remortgage rates

LendInvest has reduced product fees and interest rates on its five-year fixed rate buy-to-let remortgage products for a limited time.

Related topics:  Mortgages
Rozi Jones
14th May 2019
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"As our internal processes continue to evolve... we can increasingly offer our borrowers more competitive rates in the long term."

The products are available on standard property cases up to 75% LTV and up to £250,000 in loan size.

Rates start at 3.60%, with the ICR calculated at the pay rate, or 3.49% with the ICR calculated at 5%. Both products have no product fee.

LendInvest has also reduced rates at 80% LTV, with a two-year fix now at 3.59% and a five-year fix at 3.69%, both with a 1% product fee.

In line with this offer, free title insurance will be available on remortgages cases which streamlines the completion process.

Ian Boden, sales director at LendInvest, said: “As our internal processes continue to evolve; streamlining both our origination and loan management systems, we can increasingly offer our borrowers more competitive rates in the long term.

"These products will directly benefit our borrowers’ wishing to grow their business by enabling them to leverage and release capital for further property investment.”

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