Justin Trowse

LendInvest ups LTVs and cuts rates across bridging range

LendInvest has reduced rates across its bridging range and introduced increased LTVs for land and commercial deals.

Its residential range is now available at 0.75% for its 75% LTV product and 0.70% for 70% LTV.

The lender has also dropped its rates for its auction and bridge-to-let suite, with its 75% LTV auction offering and its 75% LTV bridge-to-let now available at 0.75%.

Alongside the rate cuts, the new 65% LTV products for land and commercial deals have been launched, with or without planning consent.

“To be in the position to implement such significant changes to our bridging suite is a great way for us to kick off the quarter,” said Justin Trowse, sales director at LendInvest (pictured above).

“The team stays close to what’s going on in the market and ensures we are listening to what our brokers and borrowers need as we ramp up business towards the summer — these are no fire sales or limited specials; our rate cuts are here to stay across all of our bridging products.”

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