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.”
