LendInvest Mortgages has increased the maximum loan-to-value available across its regulated bridging finance range, introducing 75% LTV on loans of up to £1m.
The technology-backed specialist lender said the changes are designed to provide homeowners and property professionals with greater access to funding while maintaining the speed associated with short-term lending.
Alongside the higher leverage, LendInvest has expanded its Automated Valuation Model (AVM) limits to 75% LTV. The move brings its regulated bridging finance criteria into line with its unregulated bridging proposition.
The lender believes the changes will help borrowers who need quick access to capital in situations where timing is critical, including chain breaks, capital raising and downsizing transactions.
Regulated bridging finance criteria expanded
The increase in both LTV and AVM limits means borrowers may be able to access a larger proportion of a property's value while also benefiting from a streamlined valuation process.
LendInvest said the enhancements reflect ongoing demand for flexible short-term funding solutions and are intended to improve accessibility across its regulated bridging finance offering.
"At LendInvest, we know how powerful a regulated bridging loan can be for those needing access to fast funding," said Leanne Ardron, managing director of short-term lending at LendInvest (pictured).
"Providing 75% LTV and expanding our AVM limits to 75% are real game-changers. We’re ensuring the speed and flexibility that borrowers need the most, especially in a chain break, capital raise or downsizing scenario."
