LendInvest reduces rates across buy-to-let range

LendInvest has announced a range of key changes to its buy-to-let suite, including significant rate reductions across standard properties and HMOs.

Related topics:  Mortgages
Rozi Jones
6th August 2021
Andy Virgo LendInvest
"The opportunity to bring this newly priced range of products to our broker partners attention is welcomed and should be seen as a sign of our commitment"

LendInvest has repriced its standard buy-to-let products, with its two-year 65% LTV product now available at 2.85% and its five-year 65% LTV product at 3.04%.

The lender’s five-year 75% LTV product has been reduced to 3.20% for standard properties.

For small HMOs, a two-year product is now available at 3.04% and a five-year product at 3.34%. LendInvest has also introduced a 75% two-year LTV product at 3.69% and a five-year product at 3.95% for large HMOs and MUFBs.

Borrowers are eligible for a reduced £150 valuation fee on standard properties.

Andy Virgo, sales director at LendInvest, said: “We’ve had a hugely productive summer at LendInvest. The opportunity to bring this newly priced range of products to our broker partners attention is welcomed and should be seen as a sign of our commitment to help landlords access not only great service and processes but compelling rates too.”

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