LendInvest Mortgages launches new business division

It is dedicated to serving the lender’s residential, BTL, and bridging customers

LendInvest Mortgages launches new business division

Non-bank mortgage lender LendInvest has launched a new business division that will house its residential, bridging, and its new buy-to-let mortgage products.

Dedicated to serving mortgage brokers and their customers, the lender said the LendInvest Mortgages division was built on a unique technology platform that utilised a back end, deal management system, which provided total visibility of a mortgage in one place and allowed brokers to view the progress of each case.

LendInvest now consists of two sub-brands: LendInvest Mortgages and LendInvest Capital, with the latter housing the business’ investment proposition, including its funds, self-select platform, retail bonds and financial partnerships, while also serving professional property developers seeking larger, or more bespoke financing for their projects.

Meanwhile, LendInvest Mortgages has introduced a new buy-to-let product range, with a different suite of two- and seven-year fixed products and reintroduced large house in multiple occupation (HMO) fixed rate products. Rates start from 4.79%.

“This is an important and exciting day in the continued journey of LendInvest,” remarked Sophie Mitchell-Charman (pictured), LendInvest commercial director.

“LendInvest Mortgages will build on the reputation for excellence we’ve developed over our 15-year history in the mortgage market by focussing more intently on creating market-leading mortgage technology, connecting brokers with our expert people, and ultimately offering the best products for every type of mortgage customer.

“Everyone at LendInvest and LendInvest Mortgages is excited by what this next step can offer us, our broker partners, and their mortgage customers, and the renewed focus on what we can build to make mortgages simple.”

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