LendInvest has appointed digital specialist law firm Juno to the legal panel for its buy-to-let product.
Juno specialises in property conveyancing and has a fully online process, including 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.
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“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,” said Lauren Eaton, head of lending operations at LendInvest.
“This new appointment comes at a time of high growth for our buy-to-let business, and we’re delighted to be working with the team.”
“In LendInvest we’ve found a partner as relentlessly focused on execution speed and quality of service as we are,” said Etienne Pollard, founder and chief executive of Juno.
“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.”
Earlier this month, LendInvest revealed its third securitisation, worth £280m, and introduced two 65 per cent and 70 per cent loan-to-value (LTV) 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 a 75 per cent pay rate product at 3.44 per cent. The two-year fixed rate products start from 2.99 per cent.
In January, LendInvest announced a new £500m funding partnership with JP Morgan to finance its buy-to-let product.