LendInvest Mortgages cuts buy-to-let rates by 80bps

LendInvest Mortgages has significantly reduced its buy-to-let rates.

Its new range now has rates starting from 3.79%

Along with specialist support for complex buy-to-lets with up to £1.5 million loans for Large HMOs and MUFBs, LendInvest Mortgages offers specialist support for portfolio and Limited Company landlords.

Sophie Mitchell-Charman (pictured), commercial director at LendInvest, said: “Our brokers are telling us just how ambitious landlords are, and they want to spend 2024 expanding their portfolios.

“This new range is designed to help them make up for lost time, with cheaper products, powered by our market-leading technology and delivered by our experts.”

This comes as LendInvest Mortgages finishes its new buy-to-let -ortal, which it has launched with a small group of brokers before it expands into the wider market later this month.

Using the same technology as its bridging and residential ranges, this next step in mortgage applications will make applications faster for buy-to-let brokers.

Mitchell-Charman added: “We really want to make 2024 the year of backing buy-to-let landlords to get the right deals, when they need them. Our new buy-to-let portal will give brokers the tools to make their lives simpler, as well as their customers’.”

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