August 4, 2021

LendInvest receives top rating from European ratings agency for seventh consecutive year

London, 4 August 2021 – LendInvest, the UK’s asset management platform for property finance, has received the highest possible rating from a European ratings agency for the seventh consecutive year.

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.

The agency affirmed for a sixth year its SQ1 Servicer Quality Rating for LendInvest following a comprehensive review of the company. In particular, the agency assessed and rated the processes used by LendInvest to underwrite and service property loans.

ARC’s review this year included recognition of LendInvest’s financial strength as a result of the company’s recent IPO in July, and third successful securitisation of £280m of Buy-to-Let loans that was oversubscribed and received the tightest spread on an RMBS transaction since 2007.

The rating agency commended LendInvest’s approach to handling the Covid-19 crisis with regards to its forbearance procedures over the last year, reporting it’s satisfaction with the processes and procedure in place.

Rod Lockhart, Chief Executive Officer of LendInvest, added: “It’s been a huge year already for LendInvest. Receiving this rating just weeks after our listing on the London Stock Exchange is exemplary of the hard work the team put in to deliver the best experience for our customers.

This is the seventh year the business has received the highest possible rating from this hugely respected rating agency, and is the best vote of confidence in the platform and internal processes that we have developed.”

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.