remortgage with bmi
LendInvest Mortgages
LendInvest Remortgage
LendInvest is a UK property finance provider offering a range of mortgage products for landlords, property investors, and developers. Their product range includes buy-to-let mortgages, bridging finance, and development finance, designed to support different types of property transactions.
LendInvest uses a digital application process to support brokers and applicants throughout the mortgage journey. Processing times, product availability, and lending criteria will vary depending on the application and individual circumstances.
The lender is funded by institutional investors, supporting its lending across the UK property market. Its products are used by a range of borrowers, from first-time landlords to experienced investors, depending on eligibility and criteria.
the differences
What makes LendInvest Mortgages Different?
Technology-Driven Process
LendInvest uses a digital platform to support mortgage applications, helping brokers and applicants manage cases online. The process and timelines will vary depending on the application and supporting documentation.
Flexible Lending Criteria
LendInvest offers a range of lending options for landlords, developers, and property investors. Criteria may accommodate different income structures and portfolio sizes, subject to assessment and eligibility.
Specialist Property Expertise
LendInvest provides finance across buy-to-let, bridging, and development lending. Products are designed for a range of property investors, from those with a single property to more complex portfolios, depending on criteria.
3 Steps to Remortgaging with LendInvest
Follow these three simple steps to obtain a LendInvest mortgage:
1
Apply Online
Start by submitting an application through LendInvest’s digital platform. You’ll provide details about your property, financial situation, and loan requirements. An initial decision may be provided after submission, depending on the information available.
2
Valuation & Underwriting
A property valuation is typically arranged while the underwriting team reviews your application. They assess your eligibility based on the lender’s criteria and your individual circumstances.
3
Receive Your Offer & Complete
If your application is approved, a formal mortgage offer may be issued. Once the required documents are completed and legal checks are carried out, funds are released and the remortgage can be finalised.
LendInvest Mortgages Considerations
Digital Application Process
LendInvest uses an online platform to support mortgage applications, allowing brokers and applicants to manage cases digitally. Processing times will vary depending on the application.
Flexible Lending Criteria
LendInvest offers a range of lending options for landlords and property investors. Criteria may accommodate different income structures and portfolio sizes, subject to assessment.
Specialist Property Lending
LendInvest provides finance across buy-to-let, bridging, and development lending. Their products are used by a range of property investors, depending on eligibility and criteria.
Interest Rates May Be Higher Than Some Lenders
Rates may be higher than those offered by some high street lenders, depending on the product and the borrower’s circumstances.
Limited Availability for Residential Buyers
LendInvest focuses primarily on landlords and property investors, so products are not typically available for owner-occupiers.
Property Criteria Apply
Some properties, such as non-standard constructions or those in certain locations, may not meet lending criteria, depending on the application.
apply today
Take Action with BMI Money
A mortgage broker can help you explore LendInvest mortgage options by providing advice, comparing available products, and supporting you through the application process. They can also help you understand lender criteria and manage the required documentation.
Get Started Today
Remortgaging with LendInvest through BMI Money gives you access to experienced guidance throughout the process. We’ll assess your circumstances, recommend suitable options, and support you with your application from start to finish.
FAQ
about
LendInvest
What is remortgaging with LendInvest?
Remortgaging with LendInvest involves switching your current mortgage to a LendInvest product. This could be to access a different rate, release equity, or fund property improvements.
Who can apply for a remortgage with LendInvest?
LendInvest primarily caters to property investors, including landlords and developers. If you have a buy-to-let property or a property development project, you may be eligible to remortgage with them, subject to their criteria.
How long does the LendInvest remortgage process take?
The process can take a few weeks from application to completion, depending on your circumstances and the complexity of the case.
Can I remortgage with LendInvest if I have an existing buy-to-let mortgage?
Yes, if you already have a buy-to-let mortgage, you may be able to remortgage with LendInvest to access a different rate or release additional funds for property investment, subject to criteria.
Does Lendinvest charge fees?
There may be fees associated with remortgaging with LendInvest, including valuation fees, legal costs, and early repayment charges if you’re leaving a fixed-rate deal early. It’s important to review all costs before proceeding.
How do I apply for a remortgage with LendInvest?
You can apply online through LendInvest’s digital platform. The process requires details about your property and financial situation, and you’ll typically receive an initial decision following submission.
Does Lendinvest need a property valuation?
Yes, LendInvest will arrange a property valuation to assess your property’s worth and determine the loan amount you may be able to borrow.
Can I get advice on the best remortgage options for Lendinvest?
LendInvest offers support throughout the process, and you can also consult a mortgage broker (such as BMI Money) for tailored advice on suitable remortgage options based on your circumstances.
