LendInvest has re-entered the buy-to-let (BTL) market by introducing new products for landlords.
The company has launched five-year fixed rate deals from 5.89% up to 75% loan-to-value (LTV).
These are available for limited company applications, house in multiple occupation (HMO) up to six bedrooms and multi-unit freehold blocks (MUFBs) up to six units.
John Charcol mortgage technical manager Nicholas Mendes says: “It’s fantastic to see LendInvest back in the mix again.
“We now starting to see the benefit of a settled market and fixed rates reducing albeit with higher arrangement fees.
“The key thing is we are starting to see remortgaging BTL cases a possibility rather than defaulting to a product transfer.”
