LendInvest Mortgages has unveiled a limited-edition Easter offer for first-time landlords and has reduced rates across its range by up to 15 bps.
As part of the temporary offer, first-time landlords can get a free valuation on small HMO properties up to £500,000 in value.
In addition, the lender has lowered rates across all its BTL products by up to 15 bps, as it looks to build on a successful start of the year for its BTL business.
Sophie Mitchell-Charman, commercial director at LendInvest (pictured above), said: “Landlords and brokers have come forward in huge numbers in the first quarter of 2024 as they look to make up for lost time in 2023.
“Our focus remains sharply on monitoring the market closely; and tailoring our product suite accordingly, with the goal of stimulating growth in the market while providing all-important support for first-time landlords.
“We’re one of few lenders who will support a first-time landlord to purchase a small HMO or small MUFB, and this free valuation offer on small HMOs is part of supporting them and all landlords to meet their ambitions.”
