LendInvest Mortgages will also offer a cash back incentive of £400 across the entire residential product range.
The lender’s lowest rates for a 5-year term residential mortgage start from 5.19%.
This cashback and rate reduction reaffirms the lender’s commitment to supporting aspiring homebuyers and those looking to remortgage who may not fit into the stringent credit score-based lending criteria of high street banks.
The company recently redesigned their credit criteria that factors in adverse credit history.
Paula Mercer, Director of Sales at LendInvest, said: "At LendInvest, we can appreciate all of the added costs when buying or remortgaging a home. As the cost of everyday living seems to be always rising, we’re thrilled to offer up to £400 cashback.
"This cashback incentive, along with a 10bps reduction on all of our 5-year fixed term residential mortgages will empower and enable brokers to support their clients who may no longer fit the traditional mould of high street lending."
