LendInvest enhances product suite

LendInvest has announced a number of key changes to its BTL range, including the launch of new pay rate products and a repricing of its standard BTL range and for small HMOs.

The two new pay rate products are available at 65% and 70% LTV, starting at 3.34%.

Following the changes to its standard BTL range, LendInvest’s five-year 75% LTV offering is now at 3.39%.

The lender has also modified its 75% LTV pay rate product, which is now available at 3.44%.

Meanwhile, the two-year fixed-rate products start from 2.99%.

The lender has also made a series of reductions across its small HMO range, including dropping its five-year 75% LTV product to 3.64%.

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

“We are very fortunate to have the ability to remain fluid with our proposition and continue to adapt our offering to serve the evolving needs of our landlords,” said Andy Virgo, sales director at LendInvest (pictured above).

“These changes are aimed at bolstering our most popular products while simplifying our range to make sense for our customers."

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