LendInvest joins L&G Mortgage Club - Mortgage Strategy

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LendInvest has joined L&G’s lending panel in an effort to boost its BTL distribution.

The lender offers a variety of products aimed at landlords, including two-year fixed rate mortgages starting at 2.89 per cent and five-year fixes from 3.19 per cent.

Earlier this year, LendInvest increased the maximum loan size allowed for HMOs and MUFBs to £3m as well as adding cashback, and earlier this week, introduced the first stage of its new green finance initiative.

On the partnership, LendInvest sales director Ian Boden says: “We are very excited to be announcing this partnership with one of the largest, and longest-operating mortgage clubs in the market. Experience is crucial in our industry, and it’s something Legal & General aren’t short of.

L&G Mortgage Club head of lender relationships Danny Belton adds: “Although LendInvest is a relative newcomer to the BTL market, its products and criteria offer another great option for many landlords.”


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