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LendInvest cuts BTL rates and ups max HMO and MUFB loan size

  • 24/11/2023
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LendInvest cuts BTL rates and ups max HMO and MUFB loan size
Mortgage platform LendInvest has bought out a buy-to-let product suite with “bold reductions and larger loan sizes” to support professional landlords.

The lender is lowering rates by up to 0.3 per cent across two, three, five and seven-year mortgage products with pricing beginning from 3.99 per cent.

The firm has also expanded the maximum loan size for large houses in multiple occupation and multi-unit freehold blocks to £1.5m.

Sophie Mitchell-Charman, commercial director at LendInvest, said: “This week marks a pivotal moment for LendInvest Mortgages, not just in launching this new buy-to-let product range, along with other key updates to our mortgages suite, but also in aligning our efforts with the broader economic landscape.

“The Bank of England’s pause on interest rate hikes comes at a crucial time for the UK property market, and our latest offerings are designed to bolster this positive momentum.”

She added: “By introducing significant rate reductions and expanded lending capabilities, we aim to empower professional landlords and invigorate the property sector. This refreshed range, combined with a stabilising financial environment, provides ample ground for landlords to bolster their portfolios.”

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