LendInvest reduces rates across bridging suite – Mortgage Finance Gazette

LendInvest Mortgages has introduced new price reductions and enhancements to its bridging product suite.

LendInvest has lowered rates by as much as 5bps for residential bridging loans as much as £3m, semi-commercial and business as much as £1.5m and growth exit loans as much as £1m.

The enhanced bridging vary now presents as much as 85% LTV with low monitoring refurbishment finance, appropriate for BTL refurbishments, home flips, and public sale purchases.

The announcement marks the fruits of a transformative week for LendInvest Mortgages, following current enhancements to its residential and BTL product suites.

Lendinvest business director Sophie Mitchell-Charman, commented: “We are thrilled to cap off per week of main enhancements across our whole product suite with these price reductions for our bridging vary. These adjustments particularly additional our objective of offering easy, quick, and cost-effective bridging options for our prospects.”