LendInvest has provided a £3.51m development finance facility to convert a vacant former NHS building in Bromley into 16 residential flats, completing the deal in just 6.5...

LendInvest has enhanced its regulated bridging finance range with higher LTVs and expanded AVM limits.

LendInvest has completed a £3.062m regulated bridging loan in 25 working days, helping an experienced investor release equity and fund a new property acquisition.

LendInvest has provided a £3.75m development finance facility to fund the demolition and replacement of an existing building with nine new apartments in Barnet.

The scheme will deliver 17 mews houses, two bungalows, and 31 parking spaces.

LendInvest can now fund individual bridging projects of up to £15m.

The development will deliver eight new flats, comprising two one-bedroom, three two-bedroom and three three-bedroom units, along with private amenity space and 22 cycle spaces.

The portfolio covers four towns across Hampshire and Dorset.

The specialist lender has also removed minimum income requirements across all buy-to-let products, with individual units accepted from 25 square metres.

Following the cuts, rates now start at 4.99%