Mortgage platform LendInvest Mortgages has lowered buy-to-let (BTL) rates, which now start from below 4%, and added expat options.
The expat BTL mortgage product marks a “significant step in LendInvest’s mission to simplify mortgage processes for all types of customer, offering tailored solutions to meet diverse needs”.
It is aimed specifically at expatriate landlords and offers them “greater flexibility and competitive terms”.
The expat BTL deal goes up to 75% loan to value (LTV) and is available for standard properties, houses in multiple occupation (HMOs) and multi-unit freehold blocks (MUFBs).
Borrowers need to have a minimum employment of £50,000 and the deal is “tailored exclusively for experienced landlords”.
The expat BTL product is also available to limited companies, special purpose vehicles (SPVs), and limited liability partnerships.
The firm has also lowered BTL rates, with 75% LTV deals priced from 3.64%.
Sophie Mitchell-Charman (pictured), commercial director at LendInvest, said: “We’ve listened closely to feedback from our customers and partners, and we understand the challenges that expat landlords face when seeking property finance.
“Our new expat buy-to-let mortgage products are designed to provide fast, simple solutions, helping expat landlords to manage their portfolios more effectively from abroad.”
The firm recently lowered its residential rates by as much as 0.15% and changed its eligibility criteria for qualified professionals and key workers.
The company also introduced a £350 cashback incentive on its BTL range.
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
