LendInvest Mortgages has reduced rates to its lowest point in three years across all BTL mortgage products.
The lender’s two-year fixed rates on all variations, and five-year fixed and seven-year fixed rates on large HMO/MUFB products will be cut by 20 bps.
Additionally, the company is reducing all five-year fixed and seven-year fixed rates for standard property, small HMO/MUFB, holiday lets, and expat by 10bps.
The reductions also apply to product transfers.
The lowest rates now start at 3.24% for a two-year fixed term.
Hugo Davies, chief capital officer and managing director for mortgages at LendInvest, commented: “Our commitment to helping brokers find solutions for their landlord clients continues.
“In today’s market, affordability remains key for customers, and we continue to provide options for those customers, allowing them to complete their projects.
“That’s why we’re delighted to be able to cut all of our BTL mortgage products by up to 20bps.”
