West London property

LendInvest completes loan for west London BTL purchase in four days

LendInvest has funded the purchase of a HMO property in four days for an experienced landlord.

The borrower required the funds to purchase a tenanted 10-bedroom HMO in west London. 

Due to the tight timeframe in which the borrower required funding, the team moved quickly to facilitate the loan, resulting in completion just four days after offer. 

LendInvest provided the £451,500 BTL loan at 70% LTV on its two-year fixed-rate product.

This was the first completion for Birketts solicitors with LendInvest since it was recently added to its BTL panel.

“The speed at which this case was delivered is a true testament to the perfect combination of the relationship we have with our professional partners, the deep expertise of the LendInvest team, and the technology-enabled processes that allow us to move quickly, while maintaining quality of funding and service,” said Lauren Eaton, head of loan operations at LendInvest.

“I’m delighted to be announcing this deal delivered in record time as our first completion with Birketts, a confident sign of a team that holds the same approach to fast, flexible lending as we do.”

Shlomo Fink, head of specialist mortgages at DAS Finance, added: “We have had an amazing experience with LendInvest in genera,l and especially with this case. 

“The full team from underwriting, case manager and bank manager were all working to reach the goal and help the client complete on time."

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