Tagged: lendinvest

Here is the Enhanced Fintech Cooperation Agreement Between the UK FCA and the Australian Securities & Investment Commission

As was announced earlier today (and leaked out earlier this week) the Australian and UK governments have signed an “enhanced cooperation agreement” on Fintech innovation. Under the new agreement the Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA) will continue to… Read More

LendInvest Returns to Retail Bond Market with Fixed Rate Notes

LendInvest, a UK based online marketplace platform for property finance, has announced a proposed issuance of  5.375% fixed rate bonds due October 2023 by its wholly-owned subsidiary, LendInvest Secured Income plc. Christian Faes, Co-founder and CEO of LendInvest Limited, said they were delighted to return… Read More

LendInvest Funds £5.5 million Development Deal on Historical Glaswegian Location

LendInvest announced on Thursday it has provided a £5.5 million loan to experienced borrower, Ross Harper, to fund the development of 24 new homes in Glasgow, Scotland. According to the online lender, the development finance loan is funding the conversion of a Grade II listed former… Read More

LendInvest Announces Launch of Buy-to-Let Online Calculator for Intermediaries

On Tuesday, LendInvest announced the launch of its new buy-to-let (BTL) online calculator for intermediaries. According to LendInvest, the calculator is considered the latest in a series of ongoing improvements to the lender’s online calculators, aimed at making the loan application process as easy and straightforward… Read More

LendInvest Announces Launch of Product Transition Process to Support Developers Throughout Their Projects

On Monday, LendInvest announced the launch of its new process for development finance borrowers to transition seamlessly between products. According to the online lender, the Product Transition process allows existing borrowers to transfer easily between specialized loans that are tailored to support them at each stage in… Read More

LendInvest Completes £16 Million Development Deal With Yogo Group

On Wednesday, LendInvest announced it has completed a £16 million financing deal with development finance borrower, Yogo Group. According to the marketplace lender, the deal was completed in three weeks from initial introduction to site purchase. LendInvest reported that the development finance loan will fund the… Read More

LendInvest Announces 200 Buy-to-Let National Broker Panel

LendInvest, announced on Tuesday 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. The lender stated: “LendInvest BTL mortgages are only available via intermediaries who… Read More

LendInvest Completes £12.5 Million Financing Deal With KMRE Group to Build New 111 New Homes in Leeds’ Kirkstall Residential District

Online lending platform LendInvest announced on Thursday it has completed a £12.5 million finance deal with repeat development finance borrower KMRE Group to build 111 new homes in Kirkstall, which is described as a popular residential district of Leeds, Yorkshire. The online lender revealed that the whole… Read More

LendInvest Update: Named Exclusive Lender on First Phase of 5,750 New Home Projects Located in Kent

Online lending platform LendInvest announced on Friday it has been named exclusive lender of a long-term development scheme that aims to build up to 5,750 new homes outside Dover in Kent. According to the online lender, the borrower, Halsbury Homes, currently owns a site in Whitfield, four… Read More

Online Lender LendInvest Lent £500 Million to Finance c.1800 UK Homes in 2017

Online lending platform LendInvest announced on Thursday it lent £500 million to help professional property investors, developers and landlords buy, build or renovate c.1800 homes in 2017. The online lender revealed that this marks a 33% increase on 2016’s £375 million lending record. LendInvest has now lent… Read More

LendInvest’s Latest Buy-to-Let Index Reveals: Manchester Tops Charts & Hull is Named Biggest Climber

On Wednesday, specialist property lender LendInvest released its latest LendInvest Buy-to-Let Index report, which ranks all 105 postcode areas around England and Wales based ona combination of four metrics, which are capital gains, transaction volumes, rental yields, and rental price growth. The new report also includes… Read More

LendInvest Launches Buy-to-Let Loans for Professional Landlords & Investors in England, Wales, & Scotland

LendInvest, a specialist property finance lender, announced on Thursday it has launched a buy-to-let (BTL) loan product targeted at experienced, professional property investors and landlords operating in England, Wales and Scotland. According to the platform, BTL loans are available for amounts between £50,000 and £5… Read More

CoInvestor Provides Advisers With Digital Access to LendInvest’s Luxembourg Real Estate Opportunity Fund

LendInvest announced on Monday that alternative assets platform CoInvestor has been chosen as a preferred method for UK adviser to invest in the crowdfunding platform’s Luxembourg-domiciled Real Estate Opportunity Fund. According to LendInvest, the £130 million lending fund offers investors the opportunity to participate in… Read More

Big News: Citi Provides Warehouse Facility to LendInvest in Buy to Let Expansion

LendInvest, a Fintech marketplace platform for property finance, has agreed a long-term warehouse facility with Citi boosting its entry into the UK’s £40 billion buy-to-let (BTL) market. Under the terms of the financing, Citi will provide a funding line to LendInvest that will be used… Read More

LendInvest Releases Latest Buy-to-Let Index Report That Revealed Northern Markets Challenge the South East

Marketplace lending platform LendInvest announced on Friday it has released the latest LendInvest Buy-to-Let Index report with a spotlight on university towns. Published quarterly, the LendInvest Buy-to-Let Index notably ranks each postcode area around England and Wales based on a combination of four critical metrics:… Read More

LendInvest Announces Partnership With Clever Lending

Last week, online lending platform LendInvest announced it has formed a strategic partnership with Clever Lending to distribute bridging and development finance products. According to LendInvest, Clever Lending is described as a master broker providing specialist lending solutions to suit a range of needs. While sharing… Read More

LendInvest Appoints Ex-Aldermore Bank Head of Commercial Mortgages Ian Boden As New Sales Director

LendInvest announced on Thursday it has appointed former Aldermore Bank Head of Commercial Mortgages, Ian Boden, as its new Sales Director. According to the online lender, Boden joins its team with more than 35 years of experience in financial services, buy-to-let, and commercial mortgages.  Prior… Read More

LendInvest Appoints Andy Virgo As Business Development Manager for Southern England

LendInvest announced on Tuesday it has appointed Andy Virgo as its first Business Development Manager (BDM) for the South of England. Virgo notably brings thirty years of experience in both mortgage sales and broking to the position and will be responsible for sourcing deals across the… Read More

LendInvest Lists First Retail Bond on LSE, Raises £50 Million in Oversubscribed Offer

LendInvest, a leading online platform for property lending and investing, has listed a £50 million retail bond on the London Stock Exchange under ticker “LIV1“. LendInvest reports the bond offer was oversubscribed and closed early due to solid demand from both retail and institutional investors. LendInvest… Read More

UK P2PFA: Peer to Peer Lending Rises in Q2

The UK Peer to Peer Finance Association (P2PFA) is out with their 2nd quarter aggregate numbers for their member platforms. Robert Pettigrew, Director of the P2PFA, commented on the release pointing to the quarter over quarter increase in lending; “Comparing the performance of P2PFA platforms… Read More