LendInvest launches 10 year fixed rate buy to let product
LendInvest, the UK’s leading asset manager for property finance, has launched a 10 year fixed rate product to provide certainty and stability to borrowers as it refreshes BTL product suite.
The lender’s ten year fixed standard rates start at 3.29%, with its EPiC range rates starting from 3.19%.
This product launch follows LendInvest’s launch of its seven year fixed rate product towards the end of 2021, issued alongside the lender’s EPiC product range designed to incentivise borrowers by offering reduced rates and fees for environmentally friendly properties.
LendInvest has repriced its standard Buy-to-Let product range, in line with current market conditions. The current pipeline will be honoured, with current DIPs given ten days to proceed into a full application.
Andy Virgo, pictured, Sales Director at LendInvest, said:
“Following the success of our 7 year fixed rate product back in October 2021, the development and launch of this 10 year fixed rate product was a natural progression for us as a lender.
At LendInvest we innovate and tailor our products to suit our borrowers current needs, and at this time we understand certainty and stability is front of mind for our customers.”