LendInvest appoints fintech law firm Juno to BTL legal panel
LendInvest, a UK platform for property finance, has appointed digital-first law firm, Juno, to its legal panel for its Buy-to-Let product.
Juno specialises in property conveyancing, and is uniquely positioned to partner with LendInvest due to it’s fully online-process. The firm provides access to an online dashboard, where clients are able to receive regular updates on the process of their case.
The business will now instruct Juno alongside four existing panel firms on legal matters relating to Buy-to-Let finance.
Earlier this month, LendInvest introduced two new 65 per cent and 70 per cent LTV pay rate products, with rates starting at 3.34 per cent.
The lender has repriced its standard Buy-to-Let products, with its five year 75 per cent LTV product now available at 3.39 per cent and 75 per cent pay rate product at 3.44 per cent. The two year fixed rate products start from 2.99 per cent.
Lauren Eaton, Head of Lending Operations at LendInvest, says: “We’re excited to be working with a team like Juno’s, particularly due to our shared ethos of a technology-enabled approach to lending. This new appointment comes at a time of high growth for our BTL business, and we’re delighted to be working with the team.”
In January 2021, LendInvest announced a new GBP500 million funding partnership with JP Morgan to finance its BTL product.
Etienne Pollard, Founder and CEO of Juno, adds: “In LendInvest we’ve found a partner as relentlessly focused on execution speed and quality of service as we are. Borrowers and brokers will get the benefit of faster completions, with transparent updates and great attention to detail – from offer to completion. We’re excited to support LendInvest’s growth over the coming months.”