LendInvest Mortgages has introduced rate reductions across its core residential and buy-to-let (BTL) mortgage product lines.
The company has reduced rates by 0.10% on its core residential products, building on recent reductions to its limited edition remortgage products.
These products cater to a range of borrowers, including those who may not fit traditional high street lending criteria, such as self-employed individuals (including those with only one year of accounts), clients with less-than-perfect credit histories, those with unusual or multiple income streams, and key workers and young professionals.
Key features of LendInvest’s residential products include Interest Only options and up to 90% loan-to-value (LTV).
LendInvest has also announced a 0.15% reduction on its 5- and 7-year fixed rate buy-to-let loans.
In addition, the lender has introduced new 5-year fixed rate products at 70% LTV.
Sophie Kettle, commercial director at LendInvest, said: “These rate reductions across both our Residential and BTL product ranges demonstrate LendInvest’s commitment to providing competitive and flexible mortgage solutions.”
“As a company we understand that borrowers’ needs are diverse, and we strive to offer products that cater to a wide range of circumstances, from first-time homebuyers to experienced property investors.”
