Complex Buy To Let
LendInvest brings out £350 cashback incentive on BTL range
Mortgage platform LendInvest has added a £350 cashback incentive and up to 0.1% off the mortgage rate for its buy-to-let (BTL) range.
Customers can access the £350 cashback when they complete a BTL mortgage, and LendInvest is offering up to 0.1% off across the range.
The firm said that application and valuation fees will be paid upfront, which it said would streamline the mortgage process.
LendInvest said that the cashback initiative was part of its “ongoing efforts to enhance its product offerings and maintain competitive pricing in the market”.
The cashback incentive and rate reductions apply to new applications only and live applications will not be impacted by the change.
Sophie Mitchell-Charman (pictured), commercial director at LendInvest, commented: “We understand the unique challenges faced by portfolio landlords and are committed to supporting them in an ever-changing market. This cashback feature provides immediate financial relief and enhances cash flow, allowing landlords to better manage expenses or invest in further property improvements.
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“Our mortgages platform allows us to implement important product changes and incentives that directly benefit landlords at speed, allowing us to better empower landlords in achieving their investment goals more efficiently.”