Worried about getting a new mortgage? LendInvest has just launched a brand new product designed to make life easier for those who need to remortgage their homes.

The new “65% LTV remortgage product” is aimed at people who might find it tough to get a mortgage elsewhere. This is because they offer mortgages to people with a range of credit histories and circumstances. LendInvest says their aim is to help those who “may struggle to get a mortgage elsewhere”.

Who Might This Be Useful For?

This new product could be perfect for people who:

• Have a less than perfect credit history: Maybe you’ve had some financial hiccups in the past, or you’re worried about how your credit rating might look to other mortgage lenders.
• Are a key worker: Nurses, teachers, police officers – LendInvest understands the challenges these important professions face.
• Work in a contract role: If you’re a qualified professional, but your income comes from contracts rather than a permanent job, this new product could be for you.

What’s The Catch?

The key thing to remember is that this product is only for those remortgaging their existing home. It’s not for first-time buyers. And the “LTV” stands for Loan to Value.

Rates Starting From 5.59%

LendInvest says rates start from 5.59% for this new remortgage product. It’s worth checking the details on their website to see how this compares to other lenders, and what the specific terms and conditions are.

LendInvest Says “We’re Here To Help!”

Paula Mercer, from LendInvest, said “We are excited to share this latest addition to our Residential mortgage suite, this time aimed at supporting remortgage customers.” She went on to say that they are “designed for customers who may struggle to get a mortgage elsewhere.”

So, if you’re finding it tough to get a new mortgage, LendInvest could be worth a look.