LendInvest Mortgages have increased the maximum loan amount to £1.5 million from £1 million at 75% LTV for large HMOs (7 to 15 rooms) and MUFBs.
Paula Mercer, Sales Director at LendInvest said: “All of us at LendInvest are committed to supporting brokers and their property investor clients. The fact is that affordability is key for customers, and we will always provide options that enable landlords to take on and complete projects.
We always strive to ensure that our products make affordability just a bit easier, as well as making sure our process is as efficient as possible. We’re delighted to be able to reduce our BTL rates, including our 2-year rate at its lowest this year.”
