According to the lender, it has repriced its standard Buy-to-Let products, with two-year 65% LTV products now available at 2.85%, and its five-year 65% LTV product at 3.04%. LendInvest’s five-year 75% LTV product has been reduced to 3.20% for standard properties.
For small HMO’s, the two-year product is now available at 3.04%, and the five-year product at 3.34%. LendInvest has also introduced a 75% two-year LTV product at 3.69%, and five-year at 3.95% for large HMOs and MUFBs. Borrowers are eligible for a reduced £150 valuation fee on standard properties.
Andy Virgo, Sales Director at LendInvest, said: “We’ve had a hugely productive summer at LendInvest. The opportunity to bring this newly priced range of products to our broker partners attention is welcomed and should be seen as a sign of our commitment to help landlords access not only great service and processes but compelling rates too.”