LendInvest overhauls buy-to-let tracker range with lower rates and higher LTVs

LendInvest has announced a comprehensive overhaul of its buy-to-let tracker range, removing early repayment charges (ERCs) across all tracker products, reducing initial pay rates and boosting maximum LTV limits on specialist asset classes to 75%.

Following the removal of ERCs, landlord borrowers on tracker products now have the total freedom to refinance, repay, or exit their mortgage at any point during the initial term without incurring exit penalties.

Rate reductions have been implemented across the entire tracker suite, lowering borrowing costs and improving ICR affordability checks for broker applications.

Maximum LTVs have risen from 70% to 75% across key specialist property types, including holiday lets, small multi-unit freehold blocks (MUFBs) and large HMOs.

In addition, responding to growing demand from portfolio landlords, LendInvest has introduced a new range of tracker products tailored specifically for large MUFBs.

Darrell Walker, managing director for mortgages at LendInvest, said: “In today’s market, property investors need both affordability and agility. By eliminating early repayment charges across our tracker suite, we are removing tie-ins and giving landlords total confidence to manage their portfolios flexibly.

"Combined with reduced rates, higher LTV leverage on complex assets and our new large MUFB tracker proposition, this overhaul reflects LendInvest’s ongoing commitment to supporting brokers and their landlord clients with competitive, real-world financing solutions.”