MCI Club adds LendInvest to panel

LendInvest has expanded its distribution through MCI Mortgage Club.

Related topics:  Mortgages
Rozi Jones
12th September 2019
phil whitehouse
"With new partners on both the funding, and distribution sides of our business, we are well equipped to serve their extensive network of brokers and borrowers."

MCI Mortgage Club members will now have access to LendInvest’s buy-to-let range as well as its online platform which offers instant decisions and faster turnaround times from application to completion.

LendInvest recently launched additional products at 65% and 70% LTV and cashback contribution towards legal fees on its 75% LTV five-year fixed rate products.

The lender also received £200m in funding from The National Australia Bank to expand its capacity to lend in the buy-to-let market.

Ian Boden, sales director at LendInvest, said: “We are delighted to be partnering with MCI Mortgage Club at a key time of growth for LendInvest. Demand continues to ramp up for our BTL product; with new partners on both the funding, and distribution sides of our business, we are well equipped to serve their extensive network of brokers and borrowers.”

Phil Whitehouse, head of MCI Mortgage Club, added: “LendInvest is a very welcomed addition to our growing lender panel. MCI members will be delighted by the way that LendInvest really understands its professional customers and provide swift and simple solutions in a very effective manner. LendInvest’s ability to alleviate crucial pain points for brokers through the use of their platform is one of the reasons we were keen to partner with the business.”

More like this
Latest from Property Reporter
Latest from Protection Reporter
CLOSE
Subscribe
to our newsletter

Join a community of over 30,000 intermediaries and keep up-to-date with industry news and upcoming events via our newsletter.