LendInvest has today (11th July 2023) launched a new BTL range to support landlords with getting back into the market with rates starting from 5.54%.
Funded through its new £500m partnership with Chetwood Financial Limited, this new range promises bold reductions across BTL with a 40bps drop on its tracker products, to complement its new wider and reduced fixed-rate products.
Supporting up to 75% LTV, the new rates will be powered by a technology platform designed to deliver faster mortgages for brokers and their clients.
Sophie Mitchell-Charman, commercial director at LendInvest, said: “This new range is about us meeting the ambition our brokers and customers tell us they have, but the market is not meeting.
“We hope that this shows confidence in the market that empowers landlords to go and meet the rental demand that is out there.
“Our BTL team has been working hard on this new range to ensure everything is ready from an operational point of view to make every enquiry, application and offer simple, and we look forward to seeing that come to fruition.”
