"In an economic climate where affordability is top priority, this rate cut will be able to support those looking to buy or remortgage a home"
- Paula Mercer - LendInvest
LendInvest Mortgages has announced that it has reduced rates on a selection of its residential mortgage products. Borrowers who qualify for the lender’s Premier and Advantage tiers will see rates cut by 15 basis points, with the lowest offers starting at 4.99%.
Earlier this year, in March 2025, LendInvest adjusted its credit criteria across all four tiers, allowing a range of adverse credit, including CCJs and defaults. The changes were intended to broaden access for applicants who might otherwise struggle to meet traditional lending requirements.
Research conducted by LendInvest with Opinium Research found that one in five potential homebuyers (20%) had missed a payment on a credit card or utility within the past 12 months. Among 1,000 UK adults planning to purchase or remortgage a home within the next five years, one-third (33%) said the cost-of-living crisis made them less likely to buy a home.
Meanwhile, 35% reported feeling discouraged from applying for a mortgage by high street banks due to their employment status or income streams.
“We’re pleased to be able to introduce this 15bps cut to those borrowers who fall into our Premier and Advantage tiers,” said Paula Mercer, sales director at LendInvest. “In an economic climate where affordability is top priority, this rate cut will be able to support those looking to buy or remortgage a home."
"At LendInvest, we know that life happens, and a less-than-perfect credit history shouldn’t be a barrier to a mortgage, and that’s why our credit tiers are designed for homebuyers often denied by the traditional mortgage lender. These particular data points should be a signpost to all mortgage brokers that there is a significant number of future homebuyers in the UK who specialist lenders like us could support.”
