LendInvest releases range of tracker mortgages

Rates begin at bank base rate plus 2.29 per cent and the product is available up to 75 per cent loan to value on standard properties. The mortgage also has no early repayment charges. 

This follows the launch of LendInvest’s limited edition buy-to-let range with rates starting from 6.54 per cent and fixed rate terms of five and seven years available. 

Sophie Mitchell-Charman (pictured), commercial director at LendInvest, said: “The launch of this product range comes at a crucial time for our borrowers. LendInvest always strives to innovate, listening and making changes where brokers and customers alike need them.  

“We are excited to be able to provide these solutions in a fast moving and uncertain market. These trackers will allow customers to pause, assess and then make a move when rates settle down.” 

The moves comes at time when brokers are reporting a major increase in interest in tracker mortgages.