LendInvest offer buy to let mortgages to professional landlords.
A new range of buy to let mortgages have been introduced by the provider LendInvest.
LendInvest, until now, have specialised in bridging and development loans but have taken the decision to enter the buy to let market. The successful trial of this range has now ended with the announcement that the loans have been made available nationwide.
The mortgages offered are fixed terms of 2, 3 and 5 years, for a maximum value of £5million with an LTV of up to, but not more than 80%.
More is likely to be seen from this lender over the coming months as they seek to fulfil their goal of becoming a whole of market mortgage provider.
If you are a professional landlord or an investor and would like further information on the products launched by LendInvest, please contact Deal Direct.
Please note that Deal Direct are regulated to offer independent mortgage advice; however, we are not regulated to offer general financial advice. If you want to discuss the suitability of a property as an investment, you will need to contact an independent financial adviser.
Buy to let mortgage applications from:
- applicants whose intention is to benefit from house price growth
- applicants whose intention is to benefit from rental income
- applicants who are letting to buy
will be treated as a normal buy to let and not as a consumer buy to let. In addition, their subsequent remortgage applications will also be treated in the same manner.
Call 0800 048 8828 for buy to let mortgage advice.
