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
Let’s back your landlords with up to 80bps off our Buy-to-Let range
New rates from 3.79%, download our rates guide.
We’re welcoming you and your landlord customers into the New Year with cuts across our Buy-to-Let range.
With up to 80bps reductions on Buy-to-Let rates; we’re backing your landlords to succeed, and we’ll keep doing that going forward as we put the finishing touches to Buy-to-Let in the LendInvest Mortgages Portal.
With Credit-Backed DIPs and a portal layout which supports brokers to get vital information 5x faster than before, you’ll be able to offer your customers the certainty they need, quickly.
In the meantime, take advantage of our new range:
- Rates from 3.79%
- Support for complex Buy-to-Lets to help your landlord customers diversity and expand their portfolios, up to £1.5 million for HMOs and MUFBs
To see our new rates: download our rates guide, get a quote here, or log in to submit your DIP.
First-time buyer mortgages offered in 5 days
New rates from 5.49%, download our rates guide.
What do mortgages delivered by experts, powered by our technology actually look like?
The LendInvest Mortgages Portal is designed to make every type of mortgage for every type of customer simple, and save you valuable time on processing deals and waiting for offers.
That took a step up at the end of 2023, with our comprehensive redesign getting you your case information up to 5x faster, as well as new functionality giving you daily updates and supporting you to prioritise your tasks.
With up to 55bps off in our latest residential range, it’s the right time to get your homebuyer customers the right mortgage for them, quickly.
Before these were even in effect we were delivering cases in 5 days, here’s how:
Mortgages made faster by technology
Sole trader first-time buyer offer in 5 days
- Location: Slough
- Loan amount: £146,195
- LTV: 30.45%
A first-time buyer who worked as a sole trader had saved up a deposit of £335k for their first home by living with family.
After checking the source of the deposit and quickly analysing 12 months of bank statements, we were able to offer them a mortgage in just 5 days.
Key Worker and partner first-time mortgage
- Location: Bridgwater
- Loan amount: £194,795
- LTV: 85%
A first purchase for a couple in our key worker range, where one applicant worked for the NHS. While we used their basic salary in the affordability calculation, we were able to factor in weekend enhancements to help if needed.
We were able to proceed to offer in just 5 days.
We’re repricing our Buy-to-Let range on Monday
In light of the recent movement in the Swaps market, we will be repricing our Buy-to-Let catalogue on Monday 15th January.
What does this mean for you?
- You will have until 5pm today, Friday 12th January, to submit a DIP on our current catalogue
- FMAs on our current range must be submitted by 23:59pm on Sunday 14th January
- You’ll come back from the weekend with a new range, still priced substantially lower than where we were at the start of the year
- If you’ve got an application in the pipeline, you will have until 5.30pm on 12th February (28 days) to proceed to offer.