Tagged: lendinvest

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

Digital Finance Forum Says UK Fintech Leadership is at Risk

The UK has maintained a leadership role in the global Fintech realm for years. Boosted by a supportive government, a regulatory regime that encourages innovation and competition and a robust startup ecosystem, the UK has led the rest of the world when it comes to… Read More

The National Australia Bank Commits £200 Million for LendInvest

Online property finance marketplace LendInvest has received a £200 million investment from the National Australia Bank (NAB). The investment was supported by HM Treasury. Chris Philp, PPS to the Chancellor of the Exchequer, commented on the announcement: “This very substantial investment from NAB into LendInvest… Read More

LendInvest Announces Appointments To Business Development Team

LendInvest, a UK-based online marketplace for mortgages, announced on Wednesday it has added new members to its Business Development team. According to the online lender, Nigel Robbins was named Business Development Manager, Abby Challen has taken the position of Business Development Manager to cover Central… Read More

LendInvest Launches Bridge to Let Product for Borrowers

UK online lending platform LendInvest, a marketplace for property finance, has launched a new “Bridge-to-Let” service for borrowers seeking to refurbish a property before exiting to a Buy-to-Let mortgage. Currently, bridge to let loans are available for amounts from £75,000 to £750,000. Terms are up… Read More

LendInvest Boosts Loan Cap to £750,000

Online mortgage lender LendInvest has increased its maximum loan amount to £750,000. This cap applies to its five year fixed buy-to-let loans. On standard residential loans, borrowers are now offered a reduced valuation fee of £150, along with free title insurance. Free title insurance is… Read More

LendInvest Receives Top Rating From European Ratings Agency ARC For The Fifth Year in a Row

LendInvest, a UK-based online marketplace for mortgages, announced on Friday it received a top rating from European Ratings Agency, ARC Ratings, for the fifth conservative year. According to LendInvest, ARC Ratings is a regulated European credit rating agency registered with the European Securities and Markets… Read More

LendInvest Completes £259 Million Securitization Transaction

LendInvest, a UK-based online marketplace for mortgages, announced on Monday it has securitized £259 million of UK prime Buy-to-Let mortgage loans in an oversubscribed RMBS transaction. LendInvest claims it is the UK’s first marketplace platform to securitise its own assets and the securitization received an… Read More

LendInvest Announces Fifth Consecutive Year of Profitability as Growth Continues: More than £2 Billion in Cumulative Originations

LendInvest, an online marketplace for mortgages, announced on Tuesday it has reported a period of strong growth and significant operational and strategic progress for the year, ending on March 31st. The online lender revealed the following: Financial highlights: Platform revenue increased 36% to £72.7m (FY18:… Read More

Online Mortgage Marketplace LendInvest Lowers Fees and Interest Rates for Fixed BTL Remortgage Product

LendInvest, an online marketplace for mortgages, says it has dropped its product fees and lowered interest rates for both of its five year fixed rate BTL remortgage products for a limited time. In a move to boost demand, LendInvest states that its five year fixed… Read More

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