LendInvest has launched its residential homeowner product to Sesame Network and PMS Mortgage Club members in the next stage of the lender’s rolling product launch.
Sesame and PMS member firms will now be able to access LendInvest’s new residential homeowner range, as well as its buy-to-let, HMO mortgage products and bridging loans.
The residential mortgage product is LendInvest’s first entry into the UK homeowner mortgage market and is aimed at borrowers with multiple sources of income, the self-employed and small-business owners.
Sophie Mitchell-Charman, commercial director at LendInvest, said: “We are very excited about our new homeowner proposition for customers with needs that may not always be met by the high street.
“From the very beginning of our roll-out plans, we knew we wanted to partner with Sesame Bankhall Group to bring this exciting new mortgage product to life and we are looking forward to the next chapter of our journey alongside them.”
Stephanie Charman, strategic relationships director at Sesame Bankhall Group, added: “There are a range of people who struggle to get a mortgage from mainstream lenders. This includes customers with blips in their credit history, along with people such as public sector workers who have a steady income but are being priced out of the market due to rapidly rising house prices.
“LendInvest’s residential mortgage products and flexible underwriting approach offer advisers and their customers a potential solution in what continues to be a challenging buying environment for many people.”
