LendInvest Launches a 5-year Fastened Pay Charge at 3.69% for Restricted Firm Landlords

Property finance Fintech LendInvest has introduced a brand new pay price product to its Purchase-to-Let vary for Restricted corporations and Particular Objective Automobiles. LendInvest has launched a 5-year mounted pay price product at 3.69% for Restricted firm landlords.

The lender is now providing 80% LTV merchandise on commonplace properties, with a most mortgage dimension of £500,000, and elevated its most mortgage dimension for traditional properties to £1.5 million.

Prospects are additionally eligible for a £200 cashback on all purposes the place Open Banking is used.

Andy Virgo, Director for Purchase-to-Let at LendInvest, commented that skilled landlords are “talking with their toes” and demand for our BTL proposition of late is illustrating precisely that.

“Incentivised by the SDLT freeze, it’s clear that we are able to nonetheless do extra to help our debtors. The modifications launched immediately mars our dedication to helping the UK’s skilled landlords develop or incorporate their portfolios at this significant juncture in time.“

LendInvest has lent over £Three billion of quick time period, growth and purchase to let mortgages. Buyers embrace international establishments comparable to HSBC, Citigroup and NAB. LendInvest has been worthwhile since 2015