LendInvest launches 10-year fixed rate buy-to-let product
LendInvest has launched a 10-year fixed rate buy-to-let product.
"The development and launch of this 10-year fixed rate product was a natural progression for us as a lender."
The lender’s 10-year fixed standard rates start at 3.29%, with rates starting from 3.19% on its EPiC range which offers reduced rates and fees for environmentally friendly properties.
The new product follows the launch of LendInvest's seven-year fixed rate product towards the end of 2021, issued alongside its EPiC product range.
LendInvest has also repriced its standard buy-to-let product range, in line with current market conditions. The current pipeline will be honoured, with current DIPs given ten days to proceed into a full application.
Andy Virgo, sales director at LendInvest, said: “Following the success of our seven-year fixed rate product back in October 2021, the development and launch of this 10-year fixed rate product was a natural progression for us as a lender. At LendInvest we innovate and tailor our products to suit our borrowers current needs, and at this time we understand certainty and stability is front of mind for our customers.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
FCA
FCA bans and fines financial adviser more than £740,000
In The Spotlight
'Turbulence in the mainstream market creates opportunities in the specialist space': Josh Knight, Glenhawk
Housing Market
Almost half of home sellers hit by broken property chains
Regulation
FCA bans and fines trio behind £35.5m investment scheme
This week's biggest stories:
FCA
FCA bans and fines financial adviser more than £740,000
In The Spotlight
'Turbulence in the mainstream market creates opportunities in the specialist space': Josh Knight, Glenhawk
Housing Market
Almost half of home sellers hit by broken property chains
Regulation
FCA bans and fines trio behind £35.5m investment scheme
CHL Mortgages
CHL enhances bridging range with AVMs and enhanced adverse credit criteria
Housing Market
July housing transactions dip 2% amid 'cautious market': HMRC