LendInvest cuts rates across residential range

Rates now start from 5.29% for fixes at up to 90% LTV

LendInvest cuts rates across residential range

Fintech lender LendInvest has reduced rates across its residential mortgage range, aiming to improve its offering for key workers, the self-employed, and those with complex income streams and credit histories.

The lender’s residential mortgage product now offers rates starting from 5.29%, with two- and five-year fixed rates available at loan-to-values (LTVs) up to 90%. Applicants are eligible for free valuations under £400, or £400 off valuation fees.

The residential mortgage range includes key worker mortgages, credit friendly mortgages, and qualified professional mortgages, each tailored to serve the needs of customers with more complex income sources and credit histories.

Products details of LendInvest’s residential mortgage range, reflecting the latest rate changes, can be accessed online through its website.

“Following the launch of our new residential mortgage range last month, we are keen to keep iterating our products and listening to what customers, who are regularly overlooked by the market, need to purchase their first home,” Sophie Mitchell-Charman (pictured), commercial director at LendInvest, said. “These changes improve access to finance for these customers, which we are hugely excited about.”

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