LendInvest Mortgages will house the lender’s residential mortgages, BTL suites, and bridging products.
The new division is designed to serve brokers and their customers and is built on a technology platform that utilises a back-end, deal management system that provides visibility of a mortgage in one place and gives brokers full sight of progress.
The news comes as LendInvest Mortgages reveals a new BTL product range, with rates starting from 4.79%.
The finance provider has introduced a new suite of two- and seven-year fixed products, and reintroduced large HMO fixed-rates.
- B&C Awards 2023: The Video
- LendInvest blames financial performance on the 'challenging' market backdrop
- LendInvest founder launches US bridging finance lender
The business has also launched LendInvest Capital, which will serve professional property developers seeking larger or more bespoke funding for their projects.
LendInvest Capital will offer the lender’s investment proposition, including its funds, self-select platform, retail bonds, and financial partnerships.
Sophie Mitchell-Charman, commercial director at LendInvest (pictured above), said: “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.”
Leave a comment