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January 30, 2018

LendInvest confirms 200-strong buy-to-let broker panel two months after launch

London, 30 January 2017LendInvest, the leading specialist property finance lender, has announced the formation of a national broker panel, comprising more than 200 brokers, packagers and other deal introducers, following the launch of its buy-to-let (BTL) product in late November 2017.


LendInvest BTL mortgages are only available via intermediaries who consequently play an important role in raising awareness of the product offering among high quality, prospective borrowers. The lender’s ability to assemble a panel of over 200 brokers in the ten-week period that included the Christmas and New Year hiatus demonstrates the appetite of brokers to get behind good quality products in the market.


LendInvest BTL loans are available for amounts between £50,000 and £5 million, and on terms of up to 30 years. A maximum loan-to-value of 80% applies. They have been priced to be highly competitive in the current specialist BTL market, and include attractive 2, 3 and 5-year fixed rate products. Loans are available for professional individuals and limited companies. The BTL product has been developed with portfolio landlords in mind and caters for the full spectrum of the residential property investment market.


In the weeks since the product’s launch, LendInvest has processed several hundred signed BTL applications and completed a number of its first cases.


James Hardwick of Charleston Financial in Milton Keynes said: “LendInvest’s online calculator is the best in the market. It’s really helping brokers to do a quick quotation of affordability, before progressing an application through the excellent online broker portal.”


Doug Hall of 3mc in Greater Manchester added: “It is both welcome and refreshing that a new entrant can come to market demonstrating a commerciality of underwriting approach.”


The product is proving popular at a national level, with demand particularly high in regions such as West Midlands, Northern England and the South West.

Ian Boden, Sales Director at LendInvest, commented: “It has been very gratifying to sign up so many broker and other intermediary partners in the few weeks since we launched our first BTL loans. We are hugely appreciative of their support at such an early stage. It has really allowed us to hit the ground running with the new product, confident that there is strong market demand for the sorts of loans we are offering. As the panel beds down and traction grows, we expect demand for LendInvest BTL loans to increase significantly through the year.”

About LendInvest

LendInvest (www.lendinvest.com) is the UK’s leading online platform for property finance and investing. Since launching in 2008, LendInvest has lent over £1.7 billion ($2.1 billion) to help buy, build or renovate over 5,000 homes across the UK.

LendInvest uses technology to provide borrowers with short-term Bridging finance, Development finance and Buy-to-Let; and investors that include retail investors (in our London Stock Exchange listed bond), investors on our Online Investment Platform and some of the world’s largest financial institutions, with stable income secured against property.

LendInvest is still majority owned by the founders and staff of the business, but has also raised equity from the same investors that founded Skype, and early investors in financial technology businesses like Klarna, Stripe and SoFi.

Media contacts

Louise Hetherington PR Manager
Leigh Rimmer Public Relations Associate