LendInvest
, the London based buy to let finance and bridging finance platform, has announced the addition of a new pay rate product to its BTL range for limited companies and special purpose vehicles.
The latest in LendInvest’s series of updates to their BTL product suite is an exclusive 5-year fixed pay rate product at 3.69% for limited company landlords.
The lender is now offering 80% LTV products on standard properties, with a maximum loan size of £500,000 and has also increased the maximum loan size for standard properties to £1.5 million. Where Open Banking is used, customers are also eligible for £200 cashback on all applications.
Andy Virgo, director of buy-to-let at LendInvest, said: “Professional landlords are speaking with their feet right now and the demand we have seen for our buy-to-let proposition of late is illustrating exactly that. Incentivised by the SDLT freeze, it’s clear that we can still do more to support our borrowers. The changes released today mark our commitment to assisting the UK’s professional landlords grow or incorporate their portfolios at this crucial juncture in time.”
Original article featured here…
LendInvest recently announced another expansion of their BTL range which now includes funding offers for first-time landlords and also caters for student let HMOs.
source https://commercial-mortgages-broker.co.uk/news/lendinvest-expands-btl-range-for-limited-companies/
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