LendInvest Mortgages has introduced rate cuts across its residential mortgage product range, whilst also expanding eligibility criteria.
Residential mortgage rates have been reduced by 0.15% on 2-year fixed-term products and by 0.10% on 5-year fixed-term products.
In addition to the rate reductions, the lender has expanded its eligibility criteria for qualified professionals and key workers.
The updated list now includes a broader range of occupations, such as psychologists, social workers, prison officers, prisoner custody officers, and teaching staff, including teaching assistants and university lecturers.
LendInvest has also increased the flexibility of its mortgage products by now ignoring all satisfied communications and utilities under £250 per applicant.
This change is designed to make the products more accessible to a wider range of customers.
Paula Mercer (pictured), head of sales at LendInvest, said: “We are constantly looking for ways to make our mortgage products more accessible and affordable for our customers.Â
“By lowering our rates and expanding our eligibility criteria, we are ensuring that more people can benefit from our tailored mortgage solutions.
“Our commitment to providing excellent service is reflected in these enhancements, and we are excited to help even more customers on their journey to refinancing or owning their home.”
