LendInvest adds holiday let range
LendInvest has launched a new product range for holiday lets and short-term properties, alongside making a number of reductions across its standard property range.
Rates start at 3.59% for 65% loan-to-values (LTVs) on 2-year fixed products.
The lender has also reduced rates on its standard buy-to-let products, with its 5-year 75% LTV product now available at 3.14% and the 2-year fixed rate products starting from 2.75%.
Accompanying these changes are a range of reductions across its Small HMO range, including dropping its 2-year 70% LTV product to 3.06%, and 5-year 70% LTV product to 3.64%.
The lender has also launched a new 7-year fixed rate product, starting at 2.99% for 65% LTV.
Andy Virgo, sales director at LendInvest, said: “We are hugely excited to be releasing this new catalogue today, which includes a whole range of updates we have been eager to implement for landlords.
“Supporting landlords who are experienced in, or have diversified into the short-term let market is a natural progression for us, as we continue to broaden our funding sources we are keen to keep tailoring our offering, and delivering new products that fill the gaps we see in the market.”