LendInvest has increased its maximum loan size to £750,000 on its five-year fixed rate buy-to-let mortgage products and will now contribute towards the legal fees on these products.
On standard residential loans, borrowers are now offered a reduced valuation fee of £150, along with free title insurance. Free title insurance is extended to HMO refinance cases, which are accepted on properties with up to 15 rooms.
In line with these changes, LendInvest will pay a contribution toward the borrowers legal fees for its five year fixed rate products at 75% loan-to-value up to a maximum of £850 for a limited time only. This figure increases to £1000 for repeat borrowers.