Ian Boden

LendInvest improves BTL rates

LendInvest has announced changes to its buy-to-let product, including improved rates and title insurance for remortgage cases.

The specialist lender has introduced a 2.99% two-year fixed rate on cases with 75% LTV and reduced rates starting from 3.69% for cases up to 80% LTV.

These rates are available to portfolio landlords, limited companies and individuals for a limited time only.

The updates extend to BTL remortgage cases, which now qualify for a reduced valuation fee for loans up to £300,000 on properties valued under £500,000.

LendInvest is also providing free title insurance on these cases for a limited time.

Ian Boden, sales director at LendInvest (pictured above), said: “In the five months since launch, our buy-to-let product has gained impressive momentum, allowing us to step back and regularly evaluate our product offering. 

“At LendInvest, we are constantly listening to the brokers we work with and re-assessing how we can adapt and evolve our proposition to best suit our borrowers. 

“These changes are not only huge cost saving initiatives, but also dramatically cut down the time taken to deliver our loans.”

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