Tagged: lendinvest

March 27, 2020 @ 3:44 pm By JD Alois  |  

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

March 24, 2020 @ 3:50 pm By Samantha Hurst  |  

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

March 20, 2020 @ 9:50 pm By Samantha Hurst  |  

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

March 20, 2020 @ 9:17 am By JD Alois  |  

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

March 19, 2020 @ 2:06 pm By Samantha Hurst  |  

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

March 10, 2020 @ 7:44 am By JD Alois  |  

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

March 5, 2020 @ 9:25 am By Samantha Hurst  |  

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

March 3, 2020 @ 8:45 am By JD Alois  |  

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

February 21, 2020 @ 11:51 am By JD Alois  |  

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

January 15, 2020 @ 10:29 am By Samantha Hurst  |  

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

January 13, 2020 @ 6:24 am By JD Alois  |  

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

December 22, 2019 @ 11:59 am By Omar Faridi  |  

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

December 17, 2019 @ 1:56 pm By Samantha Hurst  |  

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

November 28, 2019 @ 12:09 pm By JD Alois  |  

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

November 14, 2019 @ 1:51 pm By Omar Faridi  |  

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

November 13, 2019 @ 8:35 am By JD Alois  |  

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

October 31, 2019 @ 10:56 am By JD Alois  |  

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

September 26, 2019 @ 8:35 am By Samantha Hurst  |  

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

September 12, 2019 @ 7:52 am By JD Alois  |  

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

September 3, 2019 @ 8:34 am By JD Alois  |  

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