Tagged: lendinvest

LendInvest Joins TMA

LendInvest, an online property financing marketplace, has joined TMA. According to a note from TMA, the addition of LendInvest is the latest in a series of lenders the Club has partnered with, as it continues to develop its lending proposition for brokers with landlord clients. TMA… Read More

LendInvest Announces New Update Regarding BTL Payments Deferment During COVID-19 Outbreak

UK-based online lending platform LendInvest announced its latest update regarding the deferments of BTL payments during the COVID-19 outbreak. According to the online lender, landlords with a LendInvest mortgage who believe they will have genuine difficulties making their payments as a result of the COVID-19… Read More

LendInvest Issues COVID-19 Operational Impact Statement

UK-based online lending platform LendInvest released more information about its operations during the COVID-19 outbreak. The online lender reported it has been monitoring the ongoing pandemic and so far it has not affected the its lending services. “All of our London-based staff are working remotely…. Read More

LendInvest Completes 2nd Securitization in Oversubscribed Offer of BTL Mortages

Property finance platform LendInvest has completed its second securitization that was said to be oversubscribed during a time of intense volatility. LendInvest said that it securitized £285 million of prime buy to let (BTL) loans – 9 months after its first securitization. The first securitization… Read More

LendInvest Remains “Open For business” & Announces BTL Payments Deferment During Coronavirus Outbreak

Following the recent outbreak of COVID-19 in the UK, online lending platform LendInvest announced that its platform is still functioning and that it is still “Open for Business.” LendInvest reported that on Monday it instructed all London-based staff to work remotely, which followed the government’s… Read More

Former CBRE Senior Director and Head of Loan Advisory, Anurag Sharma Joins Fintech LendInvest

The former CBRE Senior Director and Head of Loan Advisory, Anurag Sharma, has joined LendInvest as Fund Manager. LendInvest is a profitable UK Fintech that has created a marketplace for property finance. According to LendInvest,  Anurag has worked with the company in an advisory capacity… Read More

LendInvest Joins Legal & General’s Lender Panel to Extend Buy-to-Let Product Distribution

LendInvest, a UK-based online marketplace for mortgages, announced on Thursday Legal & General Mortgage Club’s lender panel to extend distribution of its Buy-to-Let product to more brokers. According to LendInvest, The club’s member firms are now able to register with the online lender’s platform and… Read More

LendInvest Offers First Green Finance Initiative with Cashback Offer for Improved Energy Efficiency Ratings

Online lender LendInvest is now offering a green friendly initiative where Bridge-to-Let borrowers are now eligible to benefit from a cashback when they improve the EPC rating (or Energy Efficiency Rating) of a property during the term of their loan. LendInvest states that borrowers may… Read More

Fintech LendInvest Funds £12 Million Property Development

LendInvest, a property finance platform, has funded a £12 million loan for a development by a repeat LendInvest borrower. LendInvest reports that the loan was funded in under 8 weeks. The borrower first became a client of LendInvest in 2017 and has now completed a… Read More

LendInvest Announces Expansion of BTL Lending Capacity For HMOs & MUFBs; Introduces Cashback on Legal Fees

LendInvest, a UK-based online marketplace for mortgages, announced on Wednesday it has made key changes to its BTL product range, which includes increasing the maximum loan size for all property types and introducing a new cashback contribution towards legal fees. The lender then revealed that… Read More

Longtime LendInvest CEO Christian Faes Moves to Executive Chairman Role as Company Appoints New CEO

LendInvest, one of the UK’s leading Fintechs that provides a marketplace for property finance, has announced that its co-founder and longtime Chief Executive Officer Christian Faes is stepping down from his role and moving into the Executive Chairman position. As of today, Rod Lockhart is… Read More

£7.4 Million in Equity Funding for P2P Platforms was Secured in 2019 on Seedrs, Meanwhile the P2P Industry Continues to Iterate and Change

Peer-to-peer lenders reportedly raised over £7 million (appr. $9.1 million) to fund the ongoing development of their platforms via crowdfunding in 2018. Overall, Fintech has been a hot sector of crowdfunding with many big names in the emerging financial services sector recognizing the benefits of… Read More

LendInvest Announces Strong Inflows For Flagship Real Estate Debt Fund During November 2019

LendInvest, a UK-based online marketplace for mortgages, reported on Tuesday strong inflows to its flagship real estate debt fund during November. LendInvest reported that over the month, it secured £23 million of new investment for its Real Estate Opportunity Fund. This notably brought the fund’s… Read More

LendInvest Promotes Andy Virgo to Key Role

LendInvest, the Fintech marketplace for property finance, has promoted Andy Virgo from Business Development Manager to Head of Key Accounts for LendInvest. In this new role, he will be championing the day to day relationship management of LendInvest’s distribution network, including Mortgage Clubs and Networks. … Read More

AI-Enhanced Smart Savings App Plum Raises $3 Million via Latest Investment Round

Plum, an artificial intelligence (AI)-enhanced smart savings application, has raised around $3 million via its second investment round, bringing the company’s total funds raised to approximately $9.3 million. Plum recently introduced its new Android app, which extends the firm’s digital offering across Facebook Messenger and… Read More

LendInvest Expands Into Scotland with Buy-to-Let Offering

Online property finance platform LendInvest has announced the expansion of its services into Scotland. LendInvest will offer Buy-to-Let property financing as the “Scottish property market booms.” LendInvest states that recent research shows that property prices in Scotland have soared to an 11 year high, with… Read More

LendInvest Appoints New Executives: Adds Director of Mortgage Underwriting & New Business Development Manager

LendInvest, a UK based Fintech platform for property finance, has hired a new Director of Mortgage Underwriting, and a second Business Development Manager for the North West. According to a note from LendInvest, Gene Clohessy joins the team as Director of Mortgage Underwriting and will… Read More

LendInvest Joins Brilliant Solutions’ Lender Panel For Buy-to-Let Mortgage Product Distribution

LendInvest, a UK-based online marketplace for mortgages, announced on Thursday it has joined mortgage club Brilliant Solutions’ lender panel in order to bring its Buy-to-Let (BTL) mortgage product distribution to a wider network of brokers.  LendInvest claims that Brilliant Solutions is an “industry expert” in… Read More

In an Effort to Enlist More Brokers, LendInvest Joins MCI Mortgage Club Lender Panel

Leading UK Fintech and online mortgage provider LendInvest has joined MCI Mortgage Club’s lender panel. The move was said to be driven by the desire to offer the company’s Buy-to-Let mortgage products to a wider audience of brokers. Mortgage Club members will now have access… Read More

LendInvest Announces Rate Reduction for Buy to Let Loans, Adds Cashback on Legal Fees

LendInvest, a marketplace for property finance, has announced rate reductions for their products as well as a “cashback” program for legal fees. According to a release from the platform, LendInvest will now contribute up to  £750 for legal fees on “select LTVs.” Buy to Let… Read More

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