Lendlnvest reintroduces 90% LTV resi loans, reduces rates by up to 45bps Mortgage Finance Gazette

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Lendlnvest has reintroduced 90% loan to value five-year residential products and has cut selected home loan rates by up to 45 basis points.  

The specialist lender says its 90% LTV deals includes: 

  • 90% LTV five-year standard offers at 7.14%, with a £1,195 completion fee  
  • 90% LTV five-year key worker loans at 7.09%, with a £995 completion fee 
  • 90% LTV five-year qualified professional deals at 7.09%, with a £995 completion fee 

The business adds it has reduced selected home loan rates by up to 45bps. 

Last week, the firm added a new business division focused on its residential, landlord and bridging customers.   

The digital lender says its LendInvest Mortgages unit, will now house products from across these three areas, on a platform management system that allows brokers full sight of loans as they progress.     

It also launched LendInvest Capital, which houses its investment business, including funds, a self-select platform, retail bonds and financial partnerships.    

This unit also caters for professional property developers looking for larger, or more bespoke, financing for projects.