LendInvest Mortgages has cut rates across its entire suite of residential mortgage products, introducing reductions of up to 0.15%.
The lender’s 2-year fixed rates up to 75% loan-to-value (LTV) will be cut by 0.15% and 0.10% over 75% LTV.
Additionally, the company is reducing all 5-year fixed rates by 0.05%. The lowest rates now start at 5.14% for a 2-year fixed term.
The firm is also offering a cashback incentive of up to £400 to soften the administrative costs during the mortgage process.
Hugo Davies, chief capital officer and managing director for mortgages at LendInvest said: “We know that when it comes to buying a home, affordability is always the biggest roadblock for the borrower, broker and lender.
“That’s why we’re delighted to be able to cut all of our residential mortgage products by up to 0.15% and continue to offer a cashback incentive of up to £400.
“At LendInvest, we’ve always believed that someone’s credit score and history shouldn’t be an immediate impediment to achieving their dream of owning a home.
“We don’t factor in credit scores, our credit criteria has been specifically designed to allow for various types of adverse credit.”
