June 14, 2016

LendInvest In The Press: Hottest Start-Up, Resilient House Prices and What FinTech Really Means

The hottest start-up in the UK

LendInvest took first place in Startups.co.uk’s Startups 100 List 2016, the only list of its kind which ranks fast-growth-potential businesses launched in the last three years.

Previous winners include notonthehighstreet.com, Zoopla, YPlan, Hello Fresh and Purple Bricks.

The news was covered by Bdaily, Commerce & Industry and Property Industry Eye.

Why we must not privatise the Land Registry

The Government has launched a consultation on selling off the Land Registry. Christian Faes, C0-Founder and CEO of LendInvest, wrote this piece for City AM on why it it sounds like a good idea – but would actually be a terrible mistake.

Alternative ways to invest in property

Changes to the buy-to-let market, such as the additional Stamp Duty charge on second homes, have made life harder for many landlords, particularly those with only one or two properties in their portfolio.

But there are other ways to invest in property besides buy-to-let, such as LendInvest, as this piece from City AM highlights.

We were also featured in an article on alternative investments on loveMONEY.

Alternative property investments City Am screenshot

Resilient house prices

The latest house price index from Halifax revealed that house prices have risen by 9.2% over the last 12 months.

Ian Thomas, Co-Founder and Director of LendInvest, responded that this showed the “resilience” of house price growth, and highlighted that until the rate at which we build new homes improves, house prices will continue to grow.

His comments were covered by Moneywise, IBTimes, MoneyObserver and others.

10 questions with Steve Larkin

Steve Larkin, Director of Development Finance

Steve Larkin, Director of Development Finance

Steve Larkin, Director of Development Finance at LendInvest, was interviewed by Development Finance Today, covering areas like why he wanted to work in finance, what he would change about the development finance industry and the lessons he learned from his father.

You can find out more about Steve here.

Technology and finance

FinTech is a term with a lot of buzz around it at the moment. However, as Matthew Tooth, our Head of Distribution, explains in this piece on Bridging & Commercial, technological change should be incremental, rather than wholesale changes made overnight.

New website for intermediaries

In June we launched a new website, dedicated to mortgage intermediaries. The site has been specially designed to make their life easier, and includes all sorts of important product information.

New website screenshot FR

The news was picked up by a range of trade titles including Mortgage Strategy, Financial Reporter and Mortgage Introducer.

Revamped borrowing fees

Another big bit of news was a comprehensive revamp of our loan offering, splitting our bridging loans into three separate tiers depending on the type of case.

The reprice move was featured in titles like Specialist Finance Introducer, Specialist Lending Solutions and Bridging & Commercial.

About LendInvest

LendInvest is the UK’s leading platform for property finance.

LendInvest offers short-term, development and buy-to-let mortgages to intermediaries, landlords and developers. Its proprietary technology and user experience are designed to make it simpler for both borrowers and investors to access property finance.LendInvest has lent over £3bn of short term, development and buy to let mortgages.

Its funders and investors include global institutions such as HSBC, Citigroup and NAB, and, in 2019, it was the first Fintech to securitise a portfolio of BTL mortgages. The company has reported annual profitable growth since 2015 and was named Digital Innovation Award Winner at the Sunday Times Tech Track 100 Awards, and both Specialist Lender and Buy-to-Let Lender of the Year for 2019 at the last NACFB awards.