LendInvest has launched its residential mortgage product range to the whole of the UK market for the first time in what it describes as a ‘landmark day’ for both the company and the industry.

From today, all UK intermediaries will be able to access LendInvest’s new residential mortgage range through its online portal.

The range includes a key worker mortgage, ‘credit friendly’ mortgage and a mortgage for qualified professionals, each designed to suit the needs of customers with more complex income sources and credit histories.

Rates on the new products start from 5.39% with loan-to-values up to 90%. LendInvest residential homeowner range customers can get £400 off valuation fees, or free valuations under £400.

Backed by a £300m funding agreement with Lloyds Banking Group, today’s announcement marks the company’s official entry into the UK’s £1.2trn homeowner mortgage market.

LendInvest managing director for residential homeowner Esther Morley comments: “Today is a landmark day for both LendInvest and the mortgage market as we bring our 13-year track record of proprietary technology and people-driven expertise to residential mortgages market wide.

“There are a significant number of people in the UK with complex income streams or multiple streams of income – from NHS contract workers to actors to barristers to self-employed individuals – who find it harder to get a mortgage because of their income sources or less regular pay cheques. These customers, alongside those with more complex credit histories, are often overlooked by mainstream lenders.

“Our new product range is tailored to their needs, providing access to the finance they require to buy the home of their dreams, without all the stress and hassle.”