LendInvest reduces rates across bridging suite Mortgage Finance Gazette

Img

LendInvest Mortgages has announced new rate reductions and enhancements to its bridging product suite.

LendInvest has reduced rates by up to 5bps for residential bridging loans up to £3m, semi-commercial and commercial up to £1.5m and development exit loans up to £1m.

The enhanced bridging range now offers up to 85% LTV with low monitoring refurbishment finance, suitable for BTL refurbishments, house flips, and auction purchases.

The announcement marks the culmination of a transformative week for LendInvest Mortgages, following recent enhancements to its residential and BTL product suites.

Lendinvest commercial director Sophie Mitchell-Charman, commented: “We are thrilled to cap off a week of major improvements across our entire product suite with these rate reductions for our bridging range. These changes in particular further our goal of providing simple, fast, and cost-effective bridging solutions for our customers.”