LendInvest cuts BTL rates by 30bps, prices start at 3.99%

LendInvest Mortgages has cut rates across its two-, five- and seven-year landlord mortgages by up to 30 basis points, with rates starting at 3.99%.

The home loan platform says the move includes complex buy-to-lets and higher maximum loan sizes for large houses in multiple occupation and multi-unit freehold blocks, which rise to £1.5m.

LendInvest commercial director Sophie Mitchell-Charman says: “This week marks a pivotal moment for LendInvest Mortgages, not just in launching this new BTL 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.

“This refreshed range, combined with a stabilising financial environment, provides ample ground for landlords to bolster their portfolios.”

The post LendInvest cuts BTL rates by 30bps, prices start at 3.99% appeared first on Mortgage Strategy.

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