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RNS Number : 4145E
Lendinvest PLC
28 October 2022
 

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LEI: 213800NWMK3O4UWP9N91

 

28 October 2022

 

LendInvest plc

("LendInvest" or "the Company")

LendInvest launches tracker mortgage product range

LendInvest plc (LSE: LINV; "LendInvest""), a leading technology driven asset manager for UK property finance, has announced the launch of a new tracker product range in its latest move to support borrowers in response to market turmoil and interest rate uncertainty.

 

The new tracker range tracks against the Bank Base Rate (BBR) and seeks to provide borrowers with flexibility while they navigate a rapidly economic environment.

 

With no Early Repayment Charges (ERCs), borrowers can secure a preferential rate now with the knowledge they have the flexibility to remortgage as the market normalises over the next couple of years.

This launch is the latest in a string of product releases from LendInvest; as the business continues to innovate at speed within the LendInvest platform, and respond quickly to support its customers during this time.

Sophie Mitchell-Charman, Commercial Director at LendInvest, said: "The launch of this product range comes at a crucial time for our borrowers. LendInvest always strives to innovate, listen and make changes where our customers need them. Thanks to our platform, we are able to provide these solutions quickly in  fast moving and uncertain markets."

 

Enquiries:

 

LendInvest via Tulchan Communications                                            +44 (0)20 7353 4200

 

Alex Dee, Head of Investor Relations

Leigh Rimmer, Senior PR Manager

investorrelations@lendinvest.com                      

 

Panmure Gordon (NOMAD and Joint Broker)                                     +44 (0)20 7886 2500

 

Charles Leigh-Pemberton / Atholl Tweedie / Gabriel Hamlyn

 

finnCap Limited (Joint Broker)                                                               +44 (0)20 7220 0500

 

Jonny Franklin-Adams / Tim Redfern

 

Tulchan Communications (Financial PR)                                             +44 (0)20 7353 4200

Tom Murray / Matt Low / Misha Bayliss / Olivia Lucas                                                                             

 

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