Enhanced rate is the rate that an investor may earn from a loan if the loan commitment meets the minimum commitment amount set out in the Enhanced rates table, available in the Enhanced rate tab, for the relevant loan.
The purpose of enhanced rates is to enable investors to make larger loan commitments to complete the loan funding process quicker.
The enhanced rates are compensated by reducing the borrower servicing fee due to LandlordInvest from this loan.
Enhanced rates are only available to the investor that made the original commitment and are not transferred to any other investor through a secondary market sale.
Investment through LandlordInvest involves lending to individuals and companies, so your investment can go down as well as up. Borrowing through LandlordInvest involves entering into a mortgage contract secured against a property as the borrower. Your property may be repossessed if you do not keep up repayments on your mortgage.
LandlordInvest Limited is authorised and regulated by the Financial Conduct Authority (FCA) (FRN 660926). LandlordInvest Limited is not covered by the Financial Services Compensation Scheme (FSCS).
Loans provided to borrowers through LandlordInvest are provided solely for business purposes. Loans are therefore not regulated by the Financial Services and Markets Act 2000 or the Consumer Credit Act 1974. You should seek independent legal advice if you are in any doubt as to the consequences of the loan not being a regulated agreement under those Acts.
LandlordInvest Limited (Company No. 09245725), registered office 5 Chancery Lane, London, WC2A 1LG