LendInvest has launched a range of buy-to-let (BTL) tracker mortgages with a 4% product fee and no early repayment charges (ERCs).
The products are available up to 75% loan-to-value (LTV) and cover standard buy-to-let, small houses in multiple occupation (HMOs), small multi-unit freehold blocks (MUFBs) and holiday lets, according to LendInvest.
The lender said the range builds on recent changes to its existing BTL tracker proposition and is designed to let borrowers move onto other LendInvest products at a later date.
“As the UK property market is constantly changing, we’re offering new buy-to-let tracker mortgages to give landlords the flexibility to stay ahead of the curve.” Matt Taylor, sales director at LendInvest, said:
“By combining 4% fee products across our specialist property types with zero early repayment charges, we are ensuring our borrowers can secure the leverage they need today while maintaining an easy transition to other products down the line.”
