LendInvest announces cuts on 2-year buy-to-let rates

LendInvest has announced this morning that it has reduced rates on its 2-year fixed-rate buy-to-let products by 15 basis points, with rates now starting from 3.74%.

According to the lender, the new rates are available for all new business, product transfers, and bridge-to-let loans for standard properties, HMOs, holiday lets, and MUFBs.

LendInvest's BTL products offer up to 80% LTV and utilize Open Banking for a streamlined application process. Customers also benefit from easy access to a team of experienced Underwriters for expert support.

"We're committed to providing our customers with competitive rates and flexible products to help them achieve their property investment goals," said Sophie Kettle, Commercial Director at LendInvest, "This rate reduction reflects LendInvest’s ongoing efforts to support the BTL market and provide landlords with attractive financing options.

She added, "Our goal is to make mortgages simple for everyone, and our product transfers are another way we achieve that goal. Conducted in our Mortgages Portal, utilising our product transfer options, brokers can seamlessly move their clients onto another one of our BTL products. 

"We also recognise that property deals can get complicated quickly, and that’s why brokers have direct access to our dedicated teams of business development managers, underwriters and case managers who can offer support and cut the complex out of the most complicated of property finance deals.”