LendInvest cuts rates across its residential mortgage range

The range now starts from rates as low as 5.74%

Related topics:  Finance,  Mortgages
Property | Reporter
25th April 2024
FTB 77
"These changes mark our next step in support of brokers and their customers who may be traditionally harder to place with a lender"
- Paula Mercer - LendInvest

LendInvest Mortgages has announced further support for homeowners with rate cuts of up to 25bps across its residential mortgage suite.

According to the lender, starting rates are now priced from 5.74%, including reductions on its tracker products by up to 25bps, and reductions across all fixed rates by 15bps.

It has also introduced new, no-fee products to help homeowners with the upfront costs of their mortgage.

LendInvest Mortgages’ residential range includes bespoke support and specialist products for people who have multiple sources of income, are self-employed, key workers or have complex credit histories.

Paula Mercer, Head of Sales at LendInvest, said: “These changes mark our next step in support of brokers and their customers who may be traditionally harder to place with a lender.

“In the year since we launched Residential Mortgage products, we’ve seen lots of appetite and learned a lot from our brokers’ feedback so we can keep building a product range that meets the needs of borrowers who are underserved by the mainstream mortgage lenders.”

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