LendInvest has introduced fee-free selected products, while Suffolk Building Society will cut expat landlord rates by up to 16 basis points.
The fintech platform says selected new purchases and remortgages across a range of property types will carry no product fees.
It also launches a range of up-front fee-free product transfer options.
LendInvest director of sales Paula Mercer says: “By eliminating product fees for new purchases and remortgages, we’re giving property investors the opportunity to maximise the earning potential on their investment.
“For borrowers coming up to the end of a loan, introducing up-front fee-free product transfers, combined with the recent updates to our mortgages portal, gives them the ability to seamlessly obtain a new line of financing that is affordable without having to sacrifice significant amounts of time.”
Meanwhile, Suffolk Building Society will cut expat two- and five-year fixes across its residential, buy-to-let and holiday let loans by as much as 16bps.
Suffolk Building Society head of intermediaries Charlotte Grimshaw highlights the mutual’s experience in this market, saying that it has “been in the expat market for almost two decades now and has received applications from British nationals living in 92 countries across the world”.
The lender has also reduced the rate on two standard landlord products and two BTL light refurb mortgages by up to 15bps. Both two-year fixes will also be launched with an extended end date, as will one additional holiday let product.
