LendInvest announces expansion plans to meet Scottish borrower demand

• Actively seeking Scottish business development manager

• Capturing high-quality borrowers in regions where demand outstrips supply

London, 17 February 2016 – LendInvest, the leading short-term property finance lender, has announced plans to lend in Scotland.

LendInvest is recruiting a Scotland-based business development manager with exceptional understanding and experience of the Scottish mortgage market. The successful candidate will be responsible for originating mortgage deals for the fast-growing business throughout Scotland, but particularly in the central belt that runs between Glasgow and Edinburgh where quality demand for finance is highest.

The company expects this appointment will lead at a later date to the launch of a Scottish office with local sales, underwriting and case management expertise.

The move comes as part of the company’s expansion strategy beyond London and the Southeast meeting borrower demand for property finance.

This launch marks LendInvest’s first official presence outside London and forms part of the business’ broader strategy to expand operations into more UK regions throughout 2016. Business development roles will be launched in the West Country, Midlands and Northwest in the Spring.

To date, LendInvest has been most active in London and the South East on account of the team’s own experience and the concentration of borrowers in this region. However, the lender responds to borrower demand and has backed developers in densely-populated English towns including Nottingham, Birmingham and Ipswich.

Christian Faes, Co-Founder & CEO of LendInvest, commented: “It has always been our intention to be a lender that brings smart and efficient underwriting practices to mortgage deals throughout the UK. Making Scotland the first launch location for the company outside London puts a marker in the sand for the sort of expansion we are envisaging. I’m excited to welcome a new colleague on board and then starting closing our first deals there.”

LendInvest research suggests that the Scottish market continues to be undersupplied by active mortgage providers. LendInvest’s existing residential bridging and short-term buy-to-let products will be available to new Scottish property entrepreneurs seeking loans with a maximum 70% LTV lasting up to three years.

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