Tagged: lendinvest

LendInvest Announces Multiple Hires in Capital Markets & Treasury Teams

UK-based marketplace lending platform LendInvest announced last week it has expanded both of its capital markets and treasury team with four new hires. According to the online lender,the hires are part of an effort to continue to build up LendInvest’s in-house capital markets capabilities, as… Read More

LendInvest Joins Ingard’s Buy to Let Panel

Ingard, a compliance network, brokerage, and lending packager specialist, announced on Tuesday online lending platform LendInvest has joined its buy to let panel. According to Ingard, members may now access the lender’s buy to let range direct by registering through LendInvest’s online portal. Ingard reported: “LendInvest offer a… Read More

LendInvest Funds £19.3 Million Development Loan

Online property lender LendInvest is reporting it has provided an industry leading developer with a £19.3 million loan to fund a large residential development in the South West. From instruction to completion, LendInvest took only 60 days to facilitate the development loan. LendInvest states that this… Read More

LendInvest Sees Opportunity in Buy to Let Outside London

LendInvest, an online marketplace for mortgages, has published the latest LendInvest Buy-to-Let Index report. The quarterly BTL Indes reviews 105 postcodes in England and Wales ranking four different characteristics: Rental Price Growth, Rental Yield, Transaction Volume, Capital Value Growth. According to LendInvest, key findings for… Read More

LendInvest Confirms the European Investment Fund Participated in Recent Series C Financing Round

UK-based online lender LendInvest confirmed on Thursday that the European Investment Fund participated in its recently announced Series C financing, with the investment from its Luxembourg Future Fund (LFF). The Series C funding round, which was comprised of both debt and equity, secured $39.5 million (£30.5 million)…. Read More

LendInvest Update: Accelerates BTL Production Application Volume Thanks to Rate Reductions

UK-based online lender LendInvest announced last week it has reduced rates and product fees across its Buy-to-Let product range. According to LendInvest, the pay rate for its five year fixed rate product has dropped to 3.60%, with the ICR calculation at a pay rate of 3.60%…. Read More

Property Fintech LendInvest Adds CFO to Board of Directors

LendInvest, an online lending platform for property finance, has announced the addition of Chief Financial Officer, Angelie Panteli, to the board of directors. According to LendInvest, Panteli joined the company in January 2018 and is responsible for all financial aspects of the business including financial… Read More

LendInvest Update: Lender Cuts Bridging Rates & Debuts Bridge to Term Product Transition Service

UK-based online lender LendInvest announced on Tuesday it has reduced its rates across its Bridging product range and introduced a new Bridge to Term transition service. LendInvest reported it has cut rates on its Residential and Commercial Bridging, Development Exit and Auction Finance products. The lender… Read More

Leading UK Online Property Finance Platform LendInvest Raises $39.5 Million

LendInvest, a leading online property finance platform, has closed on a $39.5 million Series C funding round that is comprised of both debt and equity. The funding has been in process throughout the summer and is viewed as positioning the UK based company for an… Read More

LendInvest’s Total Lending Capital Hits £1 Billion as Fintech Raises £150 Million in Residential Development Funding in New JV

LendInvest, a leading online property finance platform, reports it has secured £150 million of “initial funding” in a new joint venture with Nomura, a global investment bank,  and Magnetar, an alternative investment manager. This new capital infusion now places LendInvest’s total capital for lending at… Read More

LendInvest Platform Update: Investors Now Covered by Financial Services Compensation Scheme

UK-based marketplace LendInvest announced on Tuesday individuals and small companies who invest through its online investment platform, are now covered by the Financial Services Compensation Scheme (FSCS). According to LendInvest, the majority of the lending platform investors may now be eligible for compensation in the event of a… Read More

LendInvest Debuts Exclusive Five-Year Fix Product Through Buy to Let Club

Following the recent changes on its marketplace lending platform, UK-based LendInvest announced the launch of an exclusive five-year fix product through the lender’s Buy to Let Club. The lender reported that the product is Designed for landlords who wish to utilize a higher fee, lower… Read More

LendInvest Product Changes: Removes Debenture & Reduces ICR Assessment Rates For Buy-to-Let Loans

UK-based marketplace platform for mortgages LendInvest recently announced it has removed its debenture and floating charge to its Buy-to-Let (BTL) loan product. The online lender reported that it will no longer require a debenture or floating charge on limited company applications. According to LendInvest, as part of its… Read More

LendInvest Update: BTL Index Reveals Transaction Volumes Dip as Remortgage Deals Spike

Marketplace platform for mortgages, LendInvest, announced on Tuesday the release of its latest LendingInvest Buy-to-Let Index report, which ranks 105 postcode areas around England and Wales based on the combination of four critical metrics, capital value growth, transaction volumes, rental yields, and rental price growth…. Read More

Without Papers? Yes! LendInvest Partners with Onfido to Confirm Identity Online

Who are you? LendInvest, a UK marketplace platform for mortgages, and Onfido, an identity verification provider, have partnered to streamline LendInvest’s digital application process for its Buy-to-Let (BTL) product to determine identity. In November 2017, LendInvest launched its first BTL product with a digital application process; the… Read More

LendInvest’s 2017 Financial Year Results Report Strong Growth & Remains Profitable

UK marketplace platform for mortgages, LendInvest, announced on Tuesday its 2017 financial results, with the year ending on March 31st. The platform reported that the results revealed strong growth across all key metrics. LendInvest revealed that it currently manages more than  £820 million ($1.1 billion) on… Read More

Fintech LendInvest Increases Fees Paid to NACFB Registered Brokers

LendInvest, an online property lending platform, is now offering NACFB-registered brokers an increased fee for NACFB registered brokers. LendInvest is increasing the fee paid from 1% to 1.2%. LendInvest describes this initiative as part of a series of measures implemented by LendInvest to support raising… Read More

LendInvest Becomes a Fellow of Luxembourg House of Financial Technology

With Brexit top of mind, online mortgage lender LendInvest has become a fellow of the Luxembourg House of Financial Technology (LHoFT), the country’s leading Fintech innovation hub. LendInvest has had a presence in Luxembourg since 2014 when it established a Luxembourg fund. Now LendInvest will… Read More

LendInvest’s Buy to Let Product Propels Boom in Hiring as Demand Surges

  Online mortgage lender LendInvest reports it is scrambling to hire new employees due to the demand of its Buy-to-Let (BTL) product. The LendInvest team has now grown to 15 people in the short period since the  BTL product was launched in November 2017. Antonia… Read More

LendInvest Debuts First Official BTL Legal Panel Six Months After Product Launch

LendInvest announced on Thursday it has named firms JMW Solicitors LLP and Lightfoots Solicitors as its first official panel of solicitors for its Buy-to-Let product. According to the online lender, JMW Solicitors is one of the North West’s leading full-service law firms, with significant experience in handling… Read More

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