LendInvest has created a new business division to serve its residential, buy-to-let and bridging customers.
LendInvest Mortgages will house the lender’s residential mortgages product offering, buy-to-let proposition and bridging products.
It is built on a technology platform that utilises a back-end deal management system which provides total visibility of a mortgage in one place and gives brokers full sight of each case’s progress.
The business has also launched LendInvest Capital, which houses the business’ investment proposition including its funds, self-select platform, retail bonds and financial partnerships, while also serving professional property developers seeking larger, or more bespoke financing for their projects.
Meanwhile, LendInvest Mortgages has unveiled a new buy-to-let product range, with rates starting from 4.79%. The lender has introduced a new range of two-year fixed products, seven-year fixed products and reintroduced Large HMO fixed rate products.
Sophie Mitchell-Charman (pictured), commercial director at LendInvest, said: “This is an important and exciting day in the continued journey of LendInvest.
”LendInvest Mortgages will build on the reputation for excellence we’ve developed over our 15-year history in the mortgage market, by focussing more intently on creating market-leading mortgage technology, connecting brokers with our expert people, and ultimately offering the best products for every type of mortgage customer.
“Everyone at LendInvest and LendInvest Mortgages is excited by what this next step can offer us, our broker partners and their mortgage customers, and the renewed focus on what we can build to make mortgages simple.”