LendInvest has launched its full residential mortgage product range for all intermediaries, targeting customers who are underserved by high street mortgage lenders.
The range includes a Key Worker Mortgage, Credit Friendly Mortgage, and Qualified Professional Mortgage, catering to clients with complex income sources and credit histories.
With rates starting from 5.39% and loan-to-values (LTVs) up to 90%, customers of the LendInvest Residential Homeowner range are eligible for £400 off valuation fees, or free valuations under £400.
The product range, backed by a £300m funding agreement with Lloyds Banking Group, marks LendInvest’s official entry into the UK’s £1.2trn homeowner mortgage market.
Esther Morley, MD for residential homeowner at LendInvest, said: “Today is a landmark day for both LendInvest and the mortgage market as we bring our 13-year track record of proprietary technology and people-driven expertise to residential mortgages market wide.”
Morley added that the new product range is tailored to meet the needs of clients with complex income streams or multiple income sources, who are often overlooked by mainstream lenders.
The product range aims to provide these customers with access to the finance they require, without the stress and hassle typically associated with securing a mortgage.
