LATEST
Celebrating Pride while working remotely
June 29, 2020
While guidelines to work from home meant our team couldn’t be together this June, that didn’t mean we missed our recognition of Pride month. It’s important for us as a business to use this month to reflect on how we can support members of the LGBTQ+ community, both inside LendInvest and in wider society, which...
Property investment in Northern England: Q&A with Jan Gallagher
June 26, 2020
Over the next few weeks we want to introduce you to our regional BDMs, so you can learn more about the opportunities in their area and connect with them. First up it is Jan Gallagher, our BDM for Northern England, who’s been at LendInvest since October 2019. If you want to discuss a deal with...
The opportunities bridging finance offers developers during Covid-19
June 25, 2020
If you are interested in starting your next property project, we offer LTV up to 75% on bridging loans with rates starting from 0.55%. Get started with an instant quote from our online calculators. As lockdown restrictions ease, property developers, investors and professionals are seeing lenders and new opportunities return to the market. With a...
Case studies: High-value commercial bridging loans for planning permission
June 23, 2020
While areas of the lending market takes longer to recover from the effects of Covid-19, there are still opportunities for developers looking to set up their next project, or investors looking to make planning gains. We have seen an appetite from developers to prepare the ground for their next project by acquisition through bridging while...
LendInvest publishes full year financial results for 31 March 2020
June 22, 2020
Today we are pleased to report another year of profit, strong growth and significant operational and strategic progress for the twelve months to 31 March 2020. Here are some of the highlights: Financial highlights: Platform revenue¹ increased 49% to £108.4m (FY19: 72.7m) Platforms assets² up 59% to £1256.7m (FY19: £788.3m) Total loan originations up 24%...
Case studies: 75% LTV Buy-to-Let mortgages
June 16, 2020
When some lockdown restrictions were lifted, we raised LTVs across our product range to help our clients get straight back into the market, with more flexibility to get their next project started. Since then we have seen lots of interest in our 75% LTV Buy-to-Let mortgages, for both refinancing and purchasing new properties. Here are...
Case study: 75% LTV Residential Bridge with multiple exit options
June 16, 2020
Client: An experienced property renovator Request: Residential bridging loan to purchase a bungalow for the purpose of refurbishment or replacing with three units Loan total: £210,000 LTV: 75% —————– An experienced property renovator approached us for terms on a project they were looking to start in Stalybridge, less than 10 miles out from Greater Manchester....
Case studies: £2 million Development Exit finance
June 10, 2020
Since the Covid-19 outbreak hit the UK and it began to impact the property market we have been highlighting the relative security Development Exit finance offers to developers looking to ride out market uncertainty. We’ve found that Development Exit offers our borrowers low-cost finance with rolled interest which helps give them time to face the...
Open Banking: an Underwriter’s perspective
June 8, 2020
At LendInvest the use of Open Banking is only one of the ways that we speed up our Buy-to-Let loan application process, and ensure credit risk is minimised. We sat down with one of our experienced Underwriters to break down what it is, how it works for us and how it improves our customer experience....
Case studies: Buy-to-Let offers in under 10 days with Open Banking
June 2, 2020
Open Banking is a technology we have embraced as part of our Buy-to-Let mortgage applications. It reduces the need for paperwork as part of the underwriting process, giving our underwriters secure access to a dashboard of the essential financial information they need to fully assess a deal. The information required for us to complete the...