LendInvest Mortgages is now offering more competitive terms for buy-to-let mortgages. They’ve reduced their rates by as much as 0.15%, with mortgage rates now starting from 3.89%.
The company has also raised its maximum loan limit, now offering loans of up to £3 million.
Additionally, LendInvest is providing up to 80% loan-to-value (LTV) five-year mortgage products for standard properties and smaller HMOs (Houses in Multiple Occupation).
Sophie Mitchell-Charman, LendInvest’s commercial director, expressed excitement about the enhancements made to their buy-to-let mortgage offerings. She stated that the changes aim to provide property investors with increased versatility and financial options.
Mitchell-Charman emphasized their commitment to adapt to the market and cater to various investment strategies, helping landlords achieve their property investment goals with innovative and competitive mortgage solutions.
Further, LendInvest has responded to the demand in the holiday rental market by reintroducing its holiday let products, which include new fixed-rate options for both 2-year and 5-year terms. This move allows investors to expand their portfolios by investing in holiday rental properties.
