LendInvest has launched a business division, LendInvest Mortgages, dedicated to serving its residential, buy-to-let (BTL) and bridging customers.
The LendInvest business division was designed to serve mortgage brokers and their customers, built on a technology platform that utilises a back end, deal management system which provides total visibility of a mortgage in one place and gives brokers full sight of each case’s progress.
The firm also launched LendInvest Capital, which houses its investment proposition, including its funds, self-select platform, retail bonds and financial partnerships, while also serving professional property developers seeking larger, or more bespoke financing for their projects.
This news comes as LendInvest Mortgages launched its new BTL product range, with rates starting from 4.79%.
Within this range, the lender introduced a suite of 2-year fixed products, 7-year fixed products, and reintroduced large house in multiple occupation (HMO) fixed rate products.
Sophie Mitchell-Charman, commercial director at LendInvest, said: “This is an important and exciting day in the continued journey of LendInvest.
”LendInvest Mortgages will build on the reputation for excellence we’ve developed over our 15-year history in the mortgage market; by focussing more intently on creating market-leading mortgage technology, connecting brokers with our expert people, and ultimately offering the best products for every type of mortgage customer.
“Everyone at LendInvest and LendInvest Mortgages is excited by what this next step can offer us, our broker partners and their mortgage customers, and the renewed focus on what we can build to make mortgages simple.”