February 13, 2017

LendInvest responds to Modern Industrial Strategy announcement

Commenting on today’s Modern Industrial Strategy announcement, Christian Faes, co-founder and CEO of LendInvest, the UK’s leading online property finance lender, commented:

“Early rumours about this Industrial Strategy made us worry it would repurpose poor plans from decades past. But what we’re reading today looks forward-looking: it’s encouraging to see innovation in the number one spot on the Prime Minister’s list of priorities.

“There’s no doubting that the PM’s Industrial Strategy is putting SMEs at the heart of their vision for a healthy economy. But government must ensure that this focus extends to those SMEs that deliver the residential and commercial property that the nation critically needs if enterprise is to flourish.

“Putting much needed investment into UK infrastructure is essential and I look forward to seeing more detail on this emerge in the housing white paper before too long.”

Read the Prime Minister’s announcement here.

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.