LendInvest receives SQ1 Servicer Quality rating with ‘stable outlook’ from ARC Ratings for eighth consecutive year
London, 9 November 2022 – LendInvest, the UK’s leading asset manager for property finance, has received the highest possible rating and confirmation of a ‘stable outlook’ from European rating agency, ARC Ratings, for the eighth consecutive year.
ARC affirmed its SQ1 Servicer Quality Rating for LendInvest following a comprehensive review, noting the company’s strengthened financial performance, and technology driven infrastructure.
In particular, ARC highlighted the LendInvest Loan Engine’s benefit of ‘optimisation’ and ‘efficient allocation of mortgages’ across investment portfolios, and the ability of LendInvest’s Genesys technology to ‘create a seamless application process facilitating increased broker conversion and higher repeat rates.’
ARC Ratings is a regulated European credit rating agency registered with the European Securities and Markets Authority (ESMA). Its rating is based on a number of key factors including corporate governance, internal controls, due diligence, data disaster mitigation and the financial health of the company.
ARC Ratings’ own press announcement and full report can be read here.
Rod Lockhart, Chief Executive Officer of LendInvest, commented: “It’s been a turbulent few months for the economy as a whole, which is not something our industry is immune to. This is why it’s brilliant to see LendInvest recognised yet again for its stability and success as a lender, receiving the highest possible rating for an eighth year running from ARC Ratings.
The ability to weather a crisis is crucial when we consider the wider macroeconomic landscape, and receiving this rating over the last couple of years has demonstrated LendInvest’s sustainability as a business, which we attribute to both our expert team, stringent internal governance, resilient business model and proprietary technology platform.”
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.