LendInvest Mortgages has increased the maximum loan-to-value on its regulated bridging product to 70% gross LTV.
The lender's bridging suite is available for various financial needs, including managing property chains, enabling quick property purchases, providing funds for property renovations, and raising capital for new investments.
LendInvest's bridging products feature Automated Valuation Models (AVM), dual representation, and require no signatures at application.
Earlier this month, LendInvest introduced dual representation for bridging projects.
Leanne Ardron, director of bridging at LendInvest, commented: “LendInvest is committed to continually improving its product offerings to meet the evolving needs of its customers. Increasing the regulated bridging product to 70% gross LTV is a testament to LendInvest’s dedication to providing flexible and efficient financial solutions.”
