LendInvest allows investors to invest online in loans that are secured against UK property. According to the company, investors earn returns on average of 6.65% per year, after all fees and losses. LendInvest targets short to medium term debt associated with commercial and buy to let property.
“Whilst we’re actually quite concerned about the peer-to-peer market and platforms that are simply chasing volume, we do think that our story is quite different. We have been actively lending in the UK specialist mortgage market since 2008 and have a solid track record, and so we are experienced lenders. We are finding that LendInvest has become very popular with investors, as it provides superior risk adjusted returns that are secured against property.
“There is a general misunderstanding that the UK mortgage market is awash with cash. This is definitely not the case. Mortgage lending in the UK has recovered some way, but it still remains very difficult for some borrowers to get a mortgage – and when it comes to trying to get any form of customer service from a bank lender, it really just doesn’t exist.”