LendInvest Mortgages  is cutting rates and introducing a limited edition buy-to-let offer to support first-time landlords.

The limited-edition offer is targeted at first-time landlords, and offers free valuations on small HMO properties up to £500k.

At the same time, LendInvest has made reductions across its entire buy-to-let range up to 15bps as it looks on to build on an unprecedented start to the year for its Buy-to-Let business.

Lendinvest commercial director Sophie Mitchell-Charman commented: “Landlords and brokers have come forward in huge numbers in the first quarter of 2024 as they look to make up for lost time in 2023.

“Our focus remains sharply on monitoring the market closely; and tailoring our product suite accordingly, with the goal of stimulating growth in the market while providing all-important support for first-time landlords.

She added: “We’re one of a few lenders who will support a first-time landlord to purchase a small HMO or small MUFB, and this free valuation offer on small HMOs is part of supporting them and all landlords to meet their ambitions.”