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
We’re always on the lookout for ways to support your clients with their next Buy-to-Let deal, from criteria to leverage.
Today we’re announcing more updates to our BTL proposition and offering your clients the simplest, most flexible way to Buy-to-Let.
There are lots of criteria updates that I’m sure you will be pleased to discover and there is a greater chance to secure leverage with a new pay rate product for corporate landlords with limited company/ SPV/ LLP status.
New pay rate
We’ve updated our range to include an exclusive pay rate on 5-year fixed BTL mortgages for limited companies, offering your clients more with a 3.69% ICR.
Updated criteria
We have listened to your valuable feedback and in turn we have relaxed our lending criteria to increase the number of property types we can now accept, for example:
- location of the security
- and concentration levels of a landlord’s portfolio
Lockdown update
Following the recent announcement of a four week national lockdown, our valuers have confirmed they will still be able to conduct physical valuations of your clients’ properties. Visit our FAQs for more information.