Rate cut targets professional landlords

Rate cut targets professional landlords

LendInvest has announced a 10 basis point rate cut across its 2 and 5-year fixed rate Buy-to-Let (BTL) products.

The lender’s lowest rates now start at 3.74%.

These rate reductions come as the lender recently announced the launch of a suite of semi-commercial BTL products, allowing professional property investors to further diversify their property portfolios through these mixed-use properties. 

A spokesperson says: “As the UK property market finds its stride and continues to stabilise, we intend to keep looking for these opportunities to cut our rates even further. 

“… Our new semi-commercial line of BTL products and our approach to funding proves that financing complex properties doesn’t have to mean dealing with complex hurdles. We’ve built a solution that makes it easier than ever for professional landlords to diversify their portfolios. “

This article is taken from Landlord Today