LendInvest announce launch of BTL loans for professional landlords

LendInvest announce launch of BTL loans for professional landlords
This launch is a natural next step for LendInvest, taking us into the longer duration specialist lending space for the first time

Specialist property finance lender, LendInvest, has officially launched a new buy-to-let loan product targeted at experienced, professional property investors and landlords operating in England, Wales and Scotland.

LendInvest BTL loans are available for amounts between £50,000 and £5 million, and on terms of up to 30 years. A maximum loan-to-value of 80% applies.
The loans are available via intermediaries. They have been priced to be highly competitive in the current specialist BTL market, and include attractive 2, 3 and 5-year fixed rate products. Loans are available for professional individuals and limited companies. The BTL product has been developed with portfolio landlords in mind and caters for the full spectrum of the residential property investment market.

LendInvest has a fully online platform that brokers can use to apply for the BTL product for their clients. This end-to-end, paperless system has been specially designed to alleviate pain points in the typical BTL mortgage process that will be very familiar to brokers and their clients, speed up applications, and provide greater administrative support to LendInvest’s experienced underwriting team. It will allow LendInvest to issue decisions (both in principle and final) very swiftly, as well as be agile and responsive to get borrowers’ deals done in as little time as possible.

In addition to benefitting from this fast and efficient online system, brokers will continue to receive a personalised service from a named LendInvest case manager assigned to their applications.


Ian Boden, Sales Director at LendInvest, said: “Today we’re bringing to market a BTL product that has been created to counter the complaints and concerns we hear from brokers about the quality and accessibility of BTL loans currently on offer. Our online proposal system has been specially designed to be highly efficient, quick and easy to navigate, and lets brokers dip in and out of their clients’ applications at times that suit them. Combining these benefits with highly competitive rates, we’re confident LendInvest BTL loans will fast become a commonplace feature of the specialist lending market.”

Ian Thomas, Co-Founder & Chief Investment Officer at LendInvest, added: “Following a successful pilot phase, we are very pleased to launch our BTL product into England, Wales and Scotland. This launch is a natural next step for LendInvest, taking us into the longer duration specialist lending space for the first time. Offering BTL loans is a critical strategic step that not only serves to address a continuing funding shortage, but takes us closer to our long-term ambition of becoming a leading whole-of-market mortgage lender.”

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Latest Comments

Tony Gimple
Tony Gimple 09 Dec 2017

Linking professionalism to limited company borrowing is a flawed concept. Despite S24 etc., limited companies are the most tax inefficient way of running a property business and leave borrowers seriously...

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Evelyn Attwood
Evelyn Attwood 01 Dec 2017

It's normal. If you plan to buy a house in one of the most beautiful spots in the country you should pay a high price.

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Evelyn Attwood
Evelyn Attwood 01 Dec 2017

I think that the situation will be the same at December.

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Scott Garnet
Scott Garnet 06 Nov 2017

If you have a patio or a porch it is important to make sure that any connecting doors are secured. Good advice for sliding glass doors is replacing the panels with storm resistant glass and getting heavier...

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richardrawlings
richardrawlings 01 Nov 2017

What has not been mentioned here is the effect of not only higher interest payments, but also that these payments are less likely to be offsettable as a business cost due to the scaling back of mortgage...

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Kelvin Lloyd
Kelvin Lloyd 09 Oct 2017

IT is up, to the Planners. If they will only give permission for bungalows on certain (suitable) sites, they will be built.

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maggie swift
maggie swift 09 Oct 2017

It's just the beginning of the shocking rise.

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maggie swift
maggie swift 09 Oct 2017

I have recently read that the bungalows can provide social housing for elderly residents in London.

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zoe glover
zoe glover 05 Oct 2017

Update! Worst company I have ever dealt with. Undervalued a Cambridge property by over 100k, wont take on any evidence of valuation including a RICS valuation done 3 years ago for the very same value...

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Paul Edwards
Paul Edwards 27 Sep 2017

Its nonsense articles such as this that make it harder to get clients to realise just how difficult the market is out there. When you see Rightmove and there are more 'price reduced' then 'new' most days...

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Tom Allen
Tom Allen 20 Sep 2017

Absolutely agree with you!

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RyanGeo
RyanGeo 18 Sep 2017

A sharp correction would be a less dramatic expression to use. That is already underway in certain sectors in Reading where I practice as Chartered Surveyor

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