The Fintech says it has reduced rates across its five-year fixed rate BTL range, with its 65% LTV product now available at 3.29% with a maximum loan of £1.5 million.
Additionally, LendInvest has also introduced a new 70% LTV five-year fixed product at 3.39% with a maximum loan size of £1 million and a 75% LTV five-year fixed product at 3.49% with a maximum loan size of £1 million.
LendInvest is also offering cashback towards legal fees of 0.25% of the loan amount up to £1000 on qualifying five-year fixed rate products.
Andy Virgo, Sales Director at LendInvest, said:
“Providing our landlords with choice when it comes to product selection is essential to assisting them with their portfolio growth plans, and these latest changes were developed with that aim in mind.”
Last month, LendInvest announced a new £500 million funding partnership with J.P. Morgan to finance its BTL product.