LendInvest has cut its two and five-year fixed rates by 10bps.
As a result, these now start from 3.74%.
The cuts apply to all two and five-year fixed term BTL rates, including standard properties, all HMOs/MUFBs and Holiday Lets.
These are available for new business as well as Product Transfers and Bridge-to-Let options.
However, the changes do not apply to LendInvest’s recently launched semi-commercial propositions.
“As the UK property market finds its stride and continues to stabilise, we intend to keep looking for these opportunities to cut our rates even further,” said Rod McPherson, head of distribution at LendInvest (pictured above).
“Our new semi-commercial line of BTL products and our approach to funding proves that financing complex properties doesn’t have to mean dealing with complex hurdles.
“We’ve built a solution that makes it easier than ever for professional landlords to diversify their portfolios.”
