LendInvest completes £37 million loan against a national portfolio of residential investment properties

London, 9 December 2022 – LendInvest, the UK’s leading asset manager for property finance,  has completed its first loan under its new Residential Investment Portfolio Loan Product which is launched in partnership with a US-based asset manager. 

The £37m loan is secured against a nationwide portfolio of predominantly residential investment properties. The client refinanced existing loans from six lenders into a single loan facility with LendInvest. 

The Residential Investment Portfolio Loan product allows borrowers to fix their interest over the loan term for a period of up to 20 years. With a target loan size of up to £100m, the product helps borrowers with large portfolios to consolidate their financing with one lender.

Launched with the support of a leading US-based asset manager, this new partnership will allow for a capacity of over £250 million of new lending per year with the potential to expand this partnership in the future. 

Joe Read, Fundraising and Investor Relations Manager at LendInvest commented: “It’s brilliant to get this deal done and offer a new tailored portfolio solution for borrowers, providing borrowers with the opportunity to consolidate their existing loans into a single loan facility, and the option to fix that rate for the long term. To be able to offer these innovative solutions with a leading US-based asset manager in a rising interest rate environment is an advantageous addition to our lending suite.”