One of the UK’s best known platforms for mortgages has significantly reduced its Buy To Let rates.

Starting from 3.79 per cent, LendInvest says its new range is designed to meet the ambitions of landlords after a year where many pressed pause in the market. 

Along with specialist support for complex BTLs with up to £1.5m loans for Large HMOs and MUFBs, LendInvest Mortgages offers specialist support for portfolio and Limited Company landlords.

Sophie Mitchell-Charman, commercial director at LendInvest, says: “Our brokers are telling us just how ambitious landlords are, and they want to spend 2024 expanding their portfolios. This new range is designed to help them make up for lost time, with cheaper products, powered by our market-leading technology and delivered by our experts.”

LendInvest Mortgages is soon launching a BTL Portal, which it has launched with a small group of brokers before it expands into the wider market later this month. It says this will make applications faster for brokers, give them more certainty and more visibility of all of their deals. 

Mitchell-Charman adds: “We really want to make 2024 the year of backing BTL landlords to get the right deals, when they need them. Our new portal will give brokers the tools to make their lives simpler, as well as their customers.”