Today we’ve been pleased to report another year of strong growth and significant operational and strategic progress for the twelve months to 31 March 2019. Here are some of the highlights: Financial highlights: Platform revenue¹ increased 36% to £72.7m (FY18: 53.6m) Platform EBITDA² up 82% to £4.0m (FY18: £2.2m) Platforms assets³ up 69% to £788.3m (FY18:…
If you let or invest in property, then you’ll likely have heard recent news about the Government’s plans to scrap Section 21 notices. To give us more information on the proposed changes, we’ve spoken to landlord insurance specialist Just Landlords. Last month, the Government announced plans to scrap Section 21 notices in the private rental…
There are many ways of buying an investment property in the UK, from a private sale through to the traditional method of using an estate agent. Among the most popular, however, is the auction. Dating back to Ancient Greece, auctioning has held strong through all the changes and evolution of the property market. It seems…
Today, we are delighted to announce that we have secured up to £200 million in funding from HSBC, bringing further institutional capital to our platform. HSBC join our substantial and diverse capital base, including global bank funding partners Citigroup and Nomura, European banks and a number of UK-listed challenger banks. David Langford, Relationship Director…
According to the latest English Private Landlord Survey, more than half of landlords in England don’t use letting agents to manage their properties. However, Just Landlords is reminding investors of how agents can bring them peace of mind. Since plans were announced for a ban on tenant fees, talk has been rife within the private…
Each year we use International Women’s Day as an opportunity to celebrate the diversity we value in our team, discuss the women that inspire us and ensure we are always reflecting on how we can further our approach to equality in the workplace. This year’s IWD theme is #BalanceforBetter. To mark the day, we interviewed our…
As part of the latest criteria changes to our Buy-to-Let mortgage range, we’ve made it even easier for brokers to get to offer quickly by speeding up the application process. 1) Select the correct purpose and property type Please make sure that you select the right application purpose. A change in ownership structure (eg. a…
Ian Boden, Sales Director, explains the importance of the LendInvest proposition for our customers. Check out our September 2019 Buy-to-Let product range, including a £750 legal fee cashback offer, rates from 2.89%, 65% and 70% LTV products and a larger loan size for large HMOs. The buy-to-let market has undergone a host of fundamental changes…
As an investor with LendInvest, you can fund different types of projects across the UK, with different borrowers, rates of return, maturity dates, project risk profiles, durations and loan-to-value ratios (LTV). As with any investment class, it is sensible to diversify your portfolio to mitigate risk. Although it’s not a guarantee against loss, diversifying dampens…
Property professionals would have had to have been living under a rock for the past few years to have not heard of the tenant fees ban. Well, the controversial plans are now set to become law. To help us outline the new rules, Just Landlords has put together a round up. The specialist Landlord Insurance…