LendInvest Mortgages has today announced upgrades to its regulated bridging product line, expanding leverage and speed for homeowners and property professionals.
The lender is increasing its maximum Loan-to-Value (LTV) to 75% on regulated bridging loans up to £1 million. To support the increased leverage, LendInvest has also expanded its Automated Valuation Model (AVM) limits to 75% LTV, bringing them into parity with its unregulated bridging criteria.
Leanne Ardron, Managing Director, Short-Term Lending, at LendInvest, said: "At LendInvest, we know how powerful a regulated bridging loan can be for those needing access to fast funding.
Providing 75% LTV and expanding our AVM limits to 75% are real game-changers. We’re ensuring the speed and flexibility that borrowers need the most, especially in a chain break, capital raise or downsizing scenario."
