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.”