As part of the criteria update, the lender will now offer rental yield-based valuations on small HMOs in Article 4 areas.
In addition, it will also be accepting HMO and MUFB applications on its Tier 2 product range, in order to enable more landlords to access finance.
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Andy Virgo, sales director for BTL at LendInvest (pictured above), said: “Evolving criteria is key to helping brokers and landlords alike get more from LendInvest.
“Listening to what our partners desire by way of flexibility and forever growing what we can offer is a sign of our commitment to the specialist lending market.”
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