Lendinvest’s latest announcement can be viewed here. Remember, their BTL product set is available via our Direct to Lender Mortgage Club as well as through our fees free packaging service. We also offer their Bridging range too. Full details are available here. Contact our team to discuss any cases or criteria in detail across their full range.
Announcement
Lendinvest are at it again – NEW BTL RATES !!
Lendinvest have revamped its BTL Rates, now offering FIXED RATES for both 2yr & 5yr on our Standard and EPIC range with differing Product fees including our new 7% fee product. All 5yr fixed rates are stressed at pay rate.
Highlights for Standard Properties
- 2yr Fixed 75% LTV – 6.59% with a 3% product fee
- 2yr Fixed 75% LTV – 5.59% with a 5% product fee
- 2yr Fixed 75% LTV –4.59% with a 7% product fee
- 5yr Fixed 75% LTV – 6.84% with a 3% product fee
- 5yr Fixed 75% LTV – 5.79% with a 5% product fee
- 5yr Fixed 75% LTV – 5.24% with a 7% product fee
Highlights for HMO ( upto 6 beds) & MUFB’s (upto 6 units)
- 2yr Fixed 75% (HMO) & 70% (MUFB) LTV – 6.64% with a 3% product fee
- 2yr Fixed 75% (HMO) & 70% (MUFB) LTV – 5.64% with a 5% product fee
- 2yr Fixed 75% (HMO) & 70% (MUFB) LTV – 4.64% with a 7% product fee
- 5yr Fixed 75% (HMO) & 70% (MUFB) LTV – 6.24% with a 3% product fee
- 5yr Fixed 75% (HMO) & 70% (MUFB) LTV – 5.84% with a 5% product fee
- 5yr Fixed 75% (HMO) & 70% (MUFB) LTV – 5.29% with a 7% product fee
Buy-to-Let Highlights
- LTV upto 75% LTV for Standard and small HMO’s
- MUFB’s up to 6 units
- Day 1 re-mortgages – TR1 and SOW required
- Properties next to commercial outlets ( please refer) pubs/barbers/social clubs
- Lend to new SPV, property trading companies & layered companies ( no rate difference )
- Directors loans & inter-company loans acceptable sources of deposit
- Waive – Independent legal advice
- Use market rent for the stress rate even if this is higher than the passing rent
- No background portfolio limits & No debt to income calculation
Our excellent online BTL Calculator can be found here along with our latest rate guide here