LendInvest Mortgages has reduced rates on all of its buy-to-let products by 10 basis points, with the lowest rate now starting at 3.44% on a two-year fixed term. 

The rate reduction will cover the company’s entire line of buy-to-let products, including expat, bridge-to-let and product transfers. The lender will also be contributing up to £500 towards legal costs for all bridge-to-let loans.

Hugo Davies (pictured), chief capital officer and managing director for mortgages at LendInvest, said: “As an alternative lender, we’re committed to helping our customers and their clients deliver on their project, and affordability is key to that. As such, we’re pleased to reduce our buy-to-let rates by 10bps.
 
“We also know that costs can add up quickly, especially for SME and first-time landlords, and our contribution towards legal costs on bridge-to-let products will save clients some money as they embark on their newest project.  

“At LendInvest, our goal has always been to make the mortgage process as simple as possible, and that’s why our Mortgages Portal is optimised for brokers. One portal where brokers can see real-time updates on all of their cases, apply for and complete product transfers in hours and get in touch with our dedicated team of case managers and underwriters when extra support is needed.”