Buy-to-letfeaturedNews

LendInvest repositions BTL suite with rates from 2.85%

Andy virgo lendinvest

LendInvest has made a range of changes to its buy-to-let (BTL) suite, including rate reductions across standard properties and houses in multiple occupation (HMOs). 

 

LendInvest has repriced its standard BTL products, with its 2-year 65% loan-to-value (LTV) product now available at 2.85%, and its 5-year 65% LTV product at 3.04%.

The lender’s 5-year 75% LTV product has been reduced to 3.20% for standard properties.

For small HMOs, the 2-year product is now available at 3.04%, and the 5-year product at 3.34%.

LendInvest has also introduced a 75% 2-year LTV product at 3.69%, and five year at 3.95% for large HMOs and multi-unit-freehold-blocks (MUFBs).

Borrowers are eligible for a reduced £150 valuation fee on standard properties.

Andy Virgo (pictured), sales director at LendInvest, said: “We’ve had a hugely productive summer at LendInvest.

“The opportunity to bring this newly priced range of products to our broker partners attention is welcomed and should be seen as a sign of our commitment to help landlords access not only great service and processes but compelling rates too.”

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