LendInvest Mortgages has launched two 85% loan-to-value products aimed at “borrowers looking to quickly acquire and flip homes”.
The home loans platform says its House Flip Bridge and Landlord Refurb Bridge offers come with interest rolled in automatically to be repaid at the end of the loan. The minimum loan size for both products is £100,000.
The lender adds: “These products offer landlords and property investors the opportunity to increase rental yields, quickly acquire, flip and sell homes with no monitoring on the works being carried out.”
LendInvest Mortgages commercial director Sophie Mitchell-Charman says: “Our commitment to innovation and responsiveness to market demands drives us to continually enhance our product offerings.
“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.”
