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LendInvest Mortgages has made changes to its residential mortgage products, including new products and additional options on product fees. 

LendInvest introduced a 90% loan-to-value (LTV) 2-year fixed product, along with stretched loan-to-incomes (LTIs) up to 6.49-times, with the aim of supporting homeowners to borrow enough for their first home.

Borrowers will now also be offered the option to add the product fee to the total loan amount. 

Paula Mercer, head of sales at LendInvest Mortgages, said: “Recognising the diverse needs of homebuyers, especially in a challenging economic environment, we’ve tailored our products to enhance affordability from the outset. 

“Today’s product launch benefits all of our homeowner customers, but especially first time buyers with smaller deposits.

“We continue to evaluate and develop our comprehensive range with the goal of providing meaningful solutions for all homeowners.” 

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