“Our dual representation option is designed to provide our customers with enhanced convenience and cost savings,” said Leanne Ardron (pictured), director of bridging at LendInvest. “By utilising dual representation, we can significantly speed up the bridging process, enabling our customers to complete their projects faster and more efficiently.
“This is another example of how our Mortgages Portal is driving innovation and improving the overall customer experience.”
In May, the lender implemented rate adjustments and enhancements to its bridging product suite, reducing rates by up to five basis points for residential bridging loans up to £3 million, semi-commercial and commercial loans up to £1.5 million, and development exit loans up to £1 million.
The bridging range now offers up to 85% loan-to-value with low monitoring refurbishment finance, targeting buy-to-let refurbishments, house flips, and auction purchases.
