LendInvest, a top property finance platform, has announced several changes to its Buy-to-Let (BTL) suite, including the launch of new pay rate products and a repricing of its standard BTL range and Small HMO’s. According to a note from the company, LendInvest has introduced two new 65% and 70% LTV pay rate products, with rates starting at 3.34%.
The online lender has repriced its standard BTL products, with its five-year 75% LTV product now available at 3.39% and 75% pay rate product at 3.44%. The two-year fixed rate products start from 2.99%. LendInvest says it has also made a range of reductions across its Small HMO range, including dropping its five year 75% LTV product to 3.64%.
Andy Virgo, Sales Director at LendInvest, says they are fortunate to have the ability to remain fluid with their proposition and continue to adapt their offering to serve the needs of landlords.
“These changes are aimed at bolstering our most popular products, while simplifying our range to make sense for our customers.”