LendInvest has introduced a semi-commercial buy-to-let (BTL) mortgage option, expanding its lending product range. This new proposition offers two- and five-year fixed rate terms starting at 5.94%, catering to both individual and corporate borrowers who fall under its Tier 1 and Tier 2 profiles. Meanwhile, Aldermore has launched two new five-year fixed rate limited edition products, enhancing its offerings for landlords.
What are the new buy-to-let mortgage offerings from LendInvest?
LendInvest’s semi-commercial proposition is designed for landlords looking to diversify their portfolios. The two- and five-year fixed rate options starting at 5.94% allow for flexibility in managing property investments. This new product aims to attract both individual landlords and corporations, broadening access to semi-commercial properties.
How does Aldermore’s new buy-to-let mortgage range benefit landlords?
Aldermore has rolled out two five-year fixed rate limited edition products at 75% loan-to-value (LTV). The first is aimed at individuals and companies with single residential investment properties, while the second caters to multi-property residential investment portfolios. Both products come with no fees, making them appealing for landlords looking to minimise upfront costs while securing competitive rates.
What this means for landlords and investors
The introduction of these new products by LendInvest and Aldermore signifies a positive shift for landlords seeking diverse financing options. With competitive rates and flexible terms, these offerings can help landlords optimise their investment strategies and manage their property portfolios more effectively. For more insights, check our buy-to-let mortgage rates.
Frequently asked questions
What types of properties can I finance with LendInvest’s new BTL option?
LendInvest’s semi-commercial BTL option is suitable for various property types, including mixed-use buildings that combine residential and commercial elements.
Are there any fees associated with Aldermore’s limited edition products?
No, Aldermore’s new five-year fixed limited edition products come with no fees, making them cost-effective for landlords.