LendInvest launches fee-free buy-to-let range
Fee-free products are available for new business and product transfers.
LendInvest Mortgages has announced that new buy-to-let purchases and remortgages across a range of property types will now have the option for no product fees.
The lender is also launching a range of up-front fee-free product transfer options.
These product enhancements come after the company updated its Mortgages Portal to further streamline its approach to the product transfer process. The new features include enhanced visibility across all upcoming PTs, proactive notifications within the platform and a simplified user experience where a DiP can be submitted in as few as 11 clicks.
Paula Mercer (pictured), director of sales at LendInvest, said: “LendInvest’s core mission has always been to make mortgages simple, and these enhancements to our buy-to-let range do just that.
"By eliminating product fees for new purchases and remortgages, we’re giving property investors the opportunity to maximise the earning potential on their investment.
"For borrowers coming up to the end of a loan, introducing up-front fee-free product transfers, combined with the recent updates to our Mortgages Portal, gives them the ability to seamlessly obtain a new line of financing that is affordable without having to sacrifice significant amounts of time.”
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