LendInvest Mortgages has reduced rates across its residential mortgages and simplified the offering.
Pricing has been lowered by as much as 0.35% on two-year fixed rates, and up to 0.3% on five-year fixes.
Its two-year fixed rates now start at 5.94% for a product at 65% loan to value (LTV) within the LendInvest Mortgages tier 0 criteria, which is open to borrowers with historical credit blips. This product has a £995 fee.
Pricing goes up to 7.34% for a two-year fix at 90% LTV with no fee.
Across its five-year fixed rates, pricing starts at 5.54% for a deal at 65% LTV with a £995 fee and goes up to 6.74% for a deal at 90% LTV with no fee.
LendInvest Mortgages said it simplified its product range to give borrowers more straightforward options and redesigned the rate guide to make it easier for both brokers and borrowers to use.
Paula Mercer (pictured), head of sales at LendInvest Mortgages, said: “We are excited to bring these enhancements to our residential mortgage products. Our goal is to make the mortgage process as simple and efficient as possible for brokers and their clients.
“With these changes, we are confident that we can offer competitive rates in the market while maintaining the high standards of service our customers expect.”
Last week, the lender appointed four field business development managers (BDMs) to bolster its presence in the UK.
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS
