LendInvest has reintroduced its buy-to-let 5-year fixed products as of today, Wednesday the 27th of September.
Starting from 5.89%, the 5-year fixed rates are available up to 75% loan-to-value (LTV).
The products will be available for Limited Company applications, houses in multiple occupation (HMOs) up to six bedrooms, and multi-unit freehold blocks (MUFBs) up to six units.
Nicholas Mendes, mortgage technical manager at John Charcol, said: “It is fantastic to see LendInvest back in the mix again.
“We now starting to see the benefits of a settled market and fixed rates reducing, albeit with higher arrangement fees.
“The key thing is we are starting to see remortgaging buy-to-let cases a possibility rather than defaulting to a product transfer.”
