LendInvest Mortgages has just unveiled a pair of innovative loan products. Their new offerings, dubbed the “House Flip Bridge” and “Landlord Refurb Bridge”, are tailored for borrowers eager to swiftly purchase and transform properties. What sets these products apart is their generous 85% loan-to-value ratio, a boon for those looking to maximise their investment potential with minimal initial capital.
Both loan options come with a key feature: the interest is automatically rolled into the loan and is only due at the end of the term. This arrangement simplifies the borrowing process, letting investors focus on their renovation or flipping projects without the immediate burden of interest payments. The minimum loan amount for either product is set at £100,000, offering substantial financial support for substantial projects.
LendInvest is clear about its goal with these products: to offer landlords and property investors the tools they need to enhance rental yields and efficiently acquire, renovate, and sell properties. Importantly, the company emphasises the freedom given to borrowers, with no oversight on the renovations being undertaken. This hands-off approach allows investors to execute their vision without external constraints.
Sophie Mitchell-Charman, LendInvest Mortgages’ Commercial Director, highlights the company’s dedication to adapting to market needs and enhancing their product range, “With the launch of the House Flip Bridge and Landlord Refurb Bridge, we are looking to empower landlords and property investors alike to seize opportunities, increase yields, and thrive in the dynamic property market. These new products, combined with our dedicated support and market-leading portal, reflect our unwavering commitment to supporting our borrowers while they do what they do best, build high-quality homes.”