LendInvest launches new refurbishment product

LendInvest has introduced a new refurbishment product to its lending suite.

The refurb option — designed for residential properties, including HMOs — is available at up to 75% LTV net (max gross LTV is 85%), with rates starting from 0.79%.

LendInvest now offers its full bridging suite, including refurbishment finance and regulated bridging via its broker portal.

According to the lender, over 95% of new enquiries and applications are being submitted directly through its portal, as it further streamlines the application and case management process.

In addition, the company is currently offering free valuations for regulated deals submitted via the portal, and is now offering AVMs.

Justin Trowse, director for bridging at LendInvest (pictured above), said: “It’s fantastic to see new business increase as the portal continues to drive efficiency and speed up our time to offer. 

“Launching new products within the portal not only streamlines the application process for our clients, but also simplifies the work that goes on behind the scenes to get deals over the line.”

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