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
Increase in ICR on non pay rate products to 5.5%
We have made a key change to our stress test on new Buy-to-Let applications.
From Tuesday 2nd August, the ICR on new applications for all non pay rate products increases from 5% to 5.5% The current pipeline will not be affected.
Download our new criteria, or call your regional BDM to discuss the changes in more detail and get started on simpler Buy-to-Lets.