LendInvest increases regulated bridging LTV to 70%
The lender is now offering up to 70% gross LTV for regulated bridging.
LendInvest Mortgages has increased the maximum loan-to-value on its regulated bridging product to 70% gross LTV.
The lender's bridging suite is available for various financial needs, including managing property chains, enabling quick property purchases, providing funds for property renovations, and raising capital for new investments.
LendInvest's bridging products feature Automated Valuation Models (AVM), dual representation, and require no signatures at application.
Earlier this month, LendInvest introduced dual representation for bridging projects.
Leanne Ardron, director of bridging at LendInvest, commented: “LendInvest is committed to continually improving its product offerings to meet the evolving needs of its customers. Increasing the regulated bridging product to 70% gross LTV is a testament to LendInvest’s dedication to providing flexible and efficient financial solutions.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
This week's biggest stories:
Santander
Santander launches 98% LTV ‘My First Mortgage’
First-time Buyer
Improved affordability sparks 20% rise in first-time buyers: NationwideÂ
Inflation
Further rate cuts dampened as inflation rebounds to 3.4%
Mortgage Rates
Two Big Six lenders increase mortgage rates as swaps rise
Interest Rates
Looser Fed policy stance could slow further rate cuts, policymakers warn
Bank Of England
Bank of England holds interest rates at 3.75% in narrow 5-4 vote