LendInvest refreshes buy-to-let range – PropertyWire
![LendInvest refreshes buy-to-let range – PropertyWire LendInvest refreshes buy-to-let range – PropertyWire](https://i0.wp.com/www.propertywire.com/wp-content/uploads/2022/02/shutterstock_593346773.jpg?w=780&resize=780,470&ssl=1)
LendInvest Mortgages has cut rates and increased maximum loan sizes, as it looks to attract more buy-to-let business.
Rates have been cut by up to 0.15% across its buy-to-let range, meaning mortgages start at 3.89%.
Maximum loan sizes have been increased to up to £3 million.
Landlords can now also access mortgages up to 80% LTV on five-year products for both standard properties and small HMOs.
Sophie Mitchell-Charman, commercial director at LendInvest, said: “We are delighted to introduce these significant updates to our Buy-to-Let product suite.
“These changes are designed to empower property investors with more options and better financial flexibility.
“By reducing rates and expanding our product range, we aim to support a wider array of investment strategies and help landlords achieve their property investment goals.
“We strive to be the preferred lender for those seeking innovative and competitive mortgage solutions, especially in a dynamic market.”
LendInvest has reintroduced holiday let products, offering new 2-year and 5-year fixed rates.
This caters to the growing demand for holiday rental properties, enabling investors to diversify their portfolios.