LendInvest Mortgages has rolled out an Easter promotion offering rate reductions and support to buy-to-let landlord customers, particularly benefiting those venturing into the market for the first time.
With a reduction of up to 15 basis points, the initiative includes free valuations for Small HMO properties valued up to £500,000. This incentive complements broader rate cuts across LendInvest’s entire buy-to-let product range, as the company seeks to continue its strong performance in the sector this year.
Sophie Mitchell-Charman, commercial director at LendInvest, commented on the new offer: “Landlords and brokers have come forward in huge numbers in the first quarter of 2024 as they look to make up for lost time in 2023. Our focus remains sharply on monitoring the market closely and tailoring our product suite accordingly, with the goal of stimulating growth in the market while providing all-important support for first-time landlords.”
She highlighted the firm’s unique position in supporting new landlords: “We’re one of few lenders who will support a first-time landlord to purchase a small HMO or small MUFB, and this free valuation offer on small HMOs is part of supporting them and all landlords to meet their ambitions.”
