LendInvest Mortgages has updated its buy-to-let (BTL) range with rate reductions and increased maximum loan sizes.
The lender has reduced rates by up to 15 basis points across its BTL range, with rates starting at 3.89%.
The updates allow landlords to access 80% LTV on five-year products for standard properties and small houses of multiple occupancy (HMOs).
The lender has also increased maximum loan sizes up to £3 million.
Holiday let products have also been reintroduced, offering two- and five-year fixes.
In addition, the maximum LTV for new build flats has been increased, aligning it with that for new build homes.
The updates follow the recent launch of a new product transfer process for BTL customers approaching the end of their fixed-term.
LendInvest commercial director Sophie Mitchell-Charman says: “We are delighted to introduce these significant updates to our Buy-to-Let product suite. These changes are designed to empower property investors with more options and better financial flexibility.”
“By reducing rates and expanding our product range, we aim to support a wider array of investment strategies and help landlords achieve their property investment goals. At LendInvest, we strive to be the preferred lender for those seeking innovative and competitive mortgage solutions, especially in a dynamic market.”