LendInvest reduces residential rates by up to 0.55%

The range is aimed at first-time buyers, mixed income earners and credit-impaired homeowners.

Related topics:  Mortgages
Rozi Jones | Editor, Financial Reporter
4th January 2024
balancing scales with a house and a percentage sign
"After a challenging year for homeowners and first-time buyers, we wanted to make sure we gave them the tools to realise their home owning ambitions."
- Paula Mercer, head of sales at LendInvest Mortgages

LendInvest Mortgages has reduced rates across its residential mortgage range by up to 55bps, with rates now starting from 5.49%.

The range offers specialist products for key workers, qualified professionals and people who have experienced credit impairments.

The latest reductions come just a day after the lender reduced buy-to-let rates by 80bps.

Paula Mercer, head of sales at LendInvest Mortgages, said: “Our residential mortgages have always been designed with helping people either into the housing market for the first time, help them buy their new home after their circumstances change, and remortgage comfortably.

“After a challenging year for homeowners and first-time buyers, we wanted to make sure we gave them the tools to realise their home owning ambitions.

“Combined with the redesigned LendInvest Mortgages Portal, which helps brokers find essential information about their deals up to 5x faster, we’re excited to make people’s next remortgage or home purchase simple throughout 2024.”

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