LendInvest offers fee-free BTL options for new business and product transfers
LendInvest Mortgages (LSE: LINV), a leading UK fintech platform dedicated to specialist lending, has announced enhancements to its buy-to-let offerings. New purchases and remortgages across a range of property types will have the option for no product fees. The lender is also launching a range of up-front fee-free product transfer options.
These updates serve as a benefit to intermediaries, giving them more options to support their clients, whether they are purchasing, remortgaging or looking to refinance.
These product enhancements come after the company updated its mortgages portal to further streamline its approach to the product transfer process. The new features include enhanced visibility across all upcoming PTs, proactive notifications within the platform and a simplified user experience where a DiP can be submitted in as few as 11 clicks.
Paula Mercer, director of sales at LendInvest, said: “LendInvest’s core mission has always been to make mortgages simple, and these enhancements to our BTL range do just that.
By eliminating product fees for new purchases and remortgages, we’re giving property investors the opportunity to maximise the earning potential on their investment.
For borrowers coming up to the end of a loan, introducing up-front fee-free product transfers, combined with the recent updates to our mortgages portal, gives them the ability to seamlessly obtain a new line of financing that is affordable without having to sacrifice significant amounts of time.”