LendInvest cuts BTL rates by 10bps

As such, the lowest rates available with the fintech start at 3.44% on its two-year fixed-term product.

This rate cut is being made across all of LendInvest’s products including those designed for expats, product transfers and bridge-to-lets.

LendInvest is also contributing up to £500 towards legal costs for all bridge-to-let loans.

“As an alternative lender, we’re committed to helping our customers and their clients deliver on their project, and affordability is key to that,” said Hugo Davies, chief capital officer and managing director for mortgages at LendInvest (pictured above).

“We also know that costs can add up quickly, especially for SME and first-time landlords, and our contribution towards legal costs on bridge-to-let products will save clients money as they embark on their newest project.”