LendInvest launches new website exclusively for intermediaries

London 9 June 2016 – LendInvest, the UK’s leading online lender for short-term property finance, has launched a new website designed exclusively for mortgage intermediaries.

Specially designed for simple navigation, the new site, intermediaries.lendinvest.com, will make life easier for intermediaries. It delivers any information they need about LendInvest’s products and services in a clear and concise format.

Within a few clicks, intermediaries can quickly and easily find detailed breakdowns of individual products including:

• interest rates
• maximum and minimum loan sizes
• maximum loan-to-value
• maximum loan-to-gross development value and loan-to-cost ratio (for development finance)
• maximum loan terms
• arrangement fee
• early redemption fee
• exit fees (where applicable)
• accepted locations

The site also provides an easy-to-read eligibility checklist, detailing exactly on what and to whom LendInvest will and will not lend.

Full contact details for the Business Development Managers are included.

Matthew Tooth, Head of Distribution, LendInvest

Matthew Tooth, Head of Distribution at LendInvest, said: “At LendInvest we are focused on building and incorporating sensible online tools which improve the application process for all parties. This new website is a perfect example of that. Our website makes life easier for mortgage intermediaries, giving them everything they need in the format they want it, in order to do business with us.”

Further online tools will be added to the intermediary site in the coming months.

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Contacts

John Fitzsimons: [email protected] / 020 3846 6817

About LendInvest

LendInvest is the UK’s leading online lender for short-term property finance. The company was spun out of Montello Bridging Finance, the established bridging finance provider, in summer 2013.

LendInvest aims to bring the speed, efficiency and transparency of online lending to the mortgage market for the first time. In the last two years, LendInvest has originated over £664 million of loans to landlords and developers for terms lasting one month to three years, making it one of the most active short-to-medium term mortgage lenders in the UK.

LendInvest became the only UK online lender to report two years’ of profitability in its first two years of trading, with profits for FY 2015 rising to £3.1 million.

LendInvest is authorised and regulated by the Financial Conduct Authority and in June 2015, it became the first marketplace platform to be rated by a regulated European credit rating agency.

All loans are secured by a registered first charge against property in the UK and the company has consistently provided returns to investors of 5+% per annum.

For further information, please visit www.lendinvest.com and follow the company at @lendinvest.