LendInvest slashes residential product rates

Latest reprice follows rate cuts across the lender’s BTL and bridging products

LendInvest slashes residential product rates

LendInvest Mortgages has reduced rates across its residential product suite, with rates now starting from 6.04%.

The lender’s new residential range offers mortgages for key workers, self-employed, multiple income streams, and customers with a more complex credit history.

The latest price changes follow rate reductions across LendInvest’s buy-to-let and bridging products, and its first-ever Black Friday sale for bridging finance.

Details of the updated residential product range can be accessed on the lender’s website.

“As inflation falls and the Bank of England base rate remains static, we have been moving quickly to ensure those benefits are passed on to our residential customers who may struggle to get a mortgage elsewhere,” said Paula Mercer (pictured), head of sales at LendInvest.

“Today, we are delighted to announce these rate reductions, and are at the same time looking to the chancellor, and his Autumn Statement to provide further support for these borrowers, including first-time buyers.”

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