The move is understood to empower landlords to capitalise on potential rate reductions while retaining the freedom to lock into a fixed rate later without financial penalty.

LendInvest’s updates are designed to deliver greater financial flexibility and leverage for landlords navigating dynamic market conditions, while aiding intermediaries with improved affordability and Interest Coverage Ratio (ICR) stress testing. 

Following the changes, landlord borrowers on tracker products now have the total freedom to refinance, repay, or exit their mortgage at any point during the initial term without incurring exit penalties.

There will be rate reductions have been implemented across the entire tracker suite, lowering borrowing costs and improving ICR affordability checks for broker applications. The maximum LTVs have risen from 70% to 75% across key specialist property types, including Holiday Lets, Small Multi-Unit Freehold Blocks (MUFBs) and Large Houses in Multiple Occupation (HMOs).

LendInvest has also introduced a brand-new range of tracker products tailored specifically for Large MUFBs.

Darrell Walker, managing director for mortgages at LendInvest, said: “In today’s market, property investors need both affordability and agility. By eliminating Early Repayment Charges across our tracker suite, we are removing tie-ins and giving landlords total confidence to manage their portfolios flexibly. 

Combined with reduced rates, higher LTV leverage on complex assets and our new Large MUFB tracker proposition, this overhaul reflects LendInvest’s ongoing commitment to supporting brokers and their landlord clients with competitive, real-world financing solutions.”