LendInvest Mortgages has reduced its buy-to-let (BTL) rates by up to 0.80%.
Starting from 3.79%, the range was designed to meet the ambitions of landlords after a difficult year.
Along with specialist support for complex BTLs with up to £1.5m loans for large houses in multiple occupation (HMOs) and multi-unit freehold blocks (MUFBs), LendInvest Mortgages said it aims to offer specialist support for portfolio and limited company landlords.
Sophie Mitchell-Charman (pictured), commercial director at LendInvest, said: “Our brokers are telling us just how ambitious landlords are, and they want to spend 2024 expanding their portfolios.
“This new range is designed to help them make up for lost time, with cheaper products, powered by our market-leading technology and delivered by our experts.”
The new rates came as LendInvest Mortgages finished its buy-to-let portal, which it launched with a small group of brokers before it expands into the wider market later this month.
Mitchell-Charman added: “We really want to make 2024 the year of backing buy-to-let landlords to get the right deals, when they need them.
“Our new buy-to-let portal will give brokers the tools to make their lives simpler, as well as their customers’.”
