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TODAY'S OTHER NEWS

LendInvest launches BTL products in Scotland

LendInvest has expanded its buy-to-let offering into Scotland as it looks to take advantage of the growing demand for property finance north of the border.

The company’s two- and five-year fixed rate deals, which start from 2.89% and 3.19% respectively, will now be available to buy-to-let landlords in Scotland.

Borrowers in Scotland will also have access to a £750 legal fee cashback offer on 75% loan-to-value (LTV) five-year fixed rate offerings.

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Ian Boden, sales director at LendInvest, commented: “Scotland has always been a priority market for us as a lender. For a location with such huge potential, it is surprising that the Scottish market continues to be undersupplied by active mortgage providers.

“Following the fantastic reception we have had for our BTL product so far in England and Wales, we are excited to be delivering the same high quality loans to the Scottish market.”

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