LendInvest cuts buy-to-let rates and launches new £350 cashback range

Application and valuation fees are now paid upfront as part of the changes.

Related topics:  Mortgages,  Buy-to-let
Rozi Jones | Editor, Financial Reporter
31st July 2024
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"This cashback feature provides immediate financial relief and enhances cash flow, allowing landlords to better manage expenses or invest in further property improvements."
- Sophie Mitchell-Charman, commercial director at LendInvest

LendInvest Mortgages has launched new incentives across its buy-to-let mortgage range, providing customers with up to £350 cashback and up to 10bps off their mortgage.

Customers can now benefit from £350 cashback upon the completion of their buy-to-let mortgage. In addition, LendInvest is offering up to 10bps off across its buy-to-let mortgage range.

Application and valuation fees will now be paid upfront, streamlining the mortgage process and making it more straightforward for customers.

This cashback and rate reductions apply to new applications only, and any live applications will not be affected by these changes.

Sophie Mitchell-Charman, commercial director at LendInvest, commented: "We understand the unique challenges faced by portfolio landlords and are committed to supporting them in an ever-changing market. This cashback feature provides immediate financial relief and enhances cash flow, allowing landlords to better manage expenses or invest in further property improvements.

“Our Mortgages platform allows us to implement important product changes and incentives that directly benefit landlords at speed, allowing us to better empower landlords in achieving their investment goals more efficiently."

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