Buy-to-let

LendInvest now has 200 brokers on its buy-to-let panel

LendInvest already has over 200 brokers, packagers and introducers on its buy-to-let panel after launching into the market in November last year.

The lender’s loans are available for amounts between £50,000 and £5m at a maximum loan-to-value of 80% for both professional individuals and limited companies.

Ian Boden, sales director at LendInvest, said: “It has been very gratifying to sign up so many broker and other intermediary partners in the few weeks since we launched our first buy-to-let loans.

“We are hugely appreciative of their support at such an early stage.

“It has really allowed us to hit the ground running with the new product, confident that there is strong market demand for the sorts of loans we are offering.

“As the panel beds down and traction grows, we expect demand for LendInvest buy-to-let loans to increase significantly through the year.”

Demand is reportedly the highest in the West Midlands, Northern England and the South West.

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