"Today’s product launch benefits all of our homeowner customers, but especially first-time buyers with smaller deposits."
- Paula Mercer, head of sales at LendInvest Mortgages
LendInvest Mortgages has enhanced its residential mortgage range with new products and additional options on product fees.
LendInvest is now offering a 90% LTV two-year fixed rate product, along with stretched LTIs up to 6.49x.
Borrowers will now also be offered the option to add the product fee to the total loan amount, improving upfront affordability.
LendInvest's residential range includes specialist products for key workers, qualified professionals and borrowers who have experienced credit impairments.
Paula Mercer, head of sales at LendInvest Mortgages, said: “Recognising the diverse needs of homebuyers, especially in a challenging economic environment, we've tailored our products to enhance affordability from the outset.
“Today’s product launch benefits all of our homeowner customers, but especially first-time buyers with smaller deposits. We continue to evaluate and develop our comprehensive range with the goal of providing meaningful solutions for all homeowners.”