Tagged: lendinvest

January 15, 2021 @ 10:35 pm By Omar Faridi  |  

UK-based LendInvest, a property finance platform, has reportedly told its investors that it’s well-prepared to deal with new lockdown measures. This, after making upgrades to its business processes, risk mitigation efforts and various financial metrics during the lockdown enforced in March of last year. The… Read More

January 8, 2021 @ 11:33 am By JD Alois  |  

In March of 2020, the Chancellor of the Exchequer Rishi Sunak delivered the UK budget. Included in the presentation was the announcement of a Fintech sector review – a study to be led by Ron Kalifa OBE, who was previously CEO Worldpay and current Chair… Read More

December 15, 2020 @ 11:03 am By JD Alois  |  

LendInvest has launched a new cloud-based application for short-term lending products, according to a note from the company. The new application is designed to streamline and automate the loan origination process. The application utilizes Salesforce to enable a centralized hub for customer information, a log… Read More

November 27, 2020 @ 1:39 pm By JD Alois  |  

LendInvest, a property finance platform, has been recognized as the BTL [Buy to Let] Lender of the Year at the 2020 National Association of Commercial Finance Brokers (NACFB) awards for the second year in a row. The NACFB is the UK’s trade body for commercial… Read More

November 23, 2020 @ 1:23 pm By JD Alois  |  

Proptech LendInvest has announced rate reductions for buy to let (BTL) loans and a new five year fixed product. LendInvest states that it has reduced rates across its two year fixed rate products. It’s 70% LTV two year fixed rate will now be available at… Read More

November 20, 2020 @ 9:14 am By JD Alois  |  

Property finance platform LendInvest has distributed a note sharing that its marketplace funded the purchase of an HMO (house of multiple occupancy) property in four days for an experienced landlord in West London. The property was a tenanted ten-bedroom house in West London. LendInvest say… Read More

November 10, 2020 @ 8:22 am By JD Alois  |  

As COVID-19 continues to hamper economic activity, LendInvest, a platform for property finance, will now offer desktop valuations for its short-term loan products where physical valuations are not possible. The new feature is a natural step in the digitization of financial services. Desktop valuations will… Read More

November 2, 2020 @ 8:22 am By JD Alois  |  

Property finance Fintech LendInvest has announced a new pay rate product to its Buy-to-Let range for Limited companies and Special Purpose Vehicles. LendInvest has launched a 5-year fixed pay rate product at 3.69% for Limited company landlords. The lender is now offering 80% LTV products… Read More

October 22, 2020 @ 8:38 am By JD Alois  |  

LendInvest, a top property finance platform, says that bridge applications delivered a record quarter in Q3. Signed bridge loan applications were up 65% year-on-year for Q3 2020 compared to the same period in 2019, according to LendInvest. LendInvest reported a significant increase in signed applications… Read More

October 2, 2020 @ 2:19 pm By Samantha Hurst  |  

LendInvest a UK-based marketplace for property financing, announced earlier this week it has introduced updates to its Buy-to-Let product range; including raising its LTV and maximum loan limits, and broadening its lending criteria to include first-time landlords and student lets. LendInvest reported it is now… Read More

September 24, 2020 @ 9:08 am By JD Alois  |  

Property finance Fintech LendInvest has integrated with SIRA, a national fraud prevention and detection database using a service from Synectics Solutions. The move is designed to speed up retrieval of fraud insights for mortgage applications. LendInvest says it has also integrated with SIRA’s API to… Read More

August 19, 2020 @ 8:42 am By JD Alois  |  

UK based property finance platform LendInvest has introduced “Appetite Statements” for landlords seeking a pre-agreed financing offer for future projects. LendInvest explains that an Appetite Statement is a pre-agreed limit of what LendInvest would be willing to lend to the borrower based on defined parameters,… Read More

August 11, 2020 @ 10:29 am By JD Alois  |  

UK-based property finance platform LendInvest has updated its Buy-to-Let product. The Fintech has boosted its maximum loan size for MUFB properties up to £1 million for 70% LTV, £1.5 million up to 65% LTV and will now accept up to £3 million up to 60% LTV,… Read More

August 7, 2020 @ 8:51 am By JD Alois  |  

LendInvest, a digital property finance platform, has received the highest possible rating from a European ratings agency for the sixth year in a row, according to a note from the company. ARC Ratings is a regulated European credit rating agency registered with the European Securities… Read More

August 5, 2020 @ 7:49 am By JD Alois  |  

LendInvest, a mortgage finance Fintech, has funded a £10 million bridge loan on an LTC of 90% for a South London development. The property is in Abbey Wood, within the London borough of Greenwich – 11 minutes away from Canary Wharf. The company says it… Read More

July 22, 2020 @ 10:01 am By JD Alois  |  

Property finance marketplace LendInvest has launched a new Structured Property Finance team to better serve borrowers and brokers in managing complex property finance deals. According to a note from LendInvest, the new team will be headed up by Tom Madden, Sales Director who will work… Read More

June 29, 2020 @ 9:30 am By JD Alois  |  

LendInvest is one of the most successful Fintechs in the UK. The digital marketplace for property finance has long been profitable – not a common characteristic in the early-stage sector including Fintech. It has been rumoured for some time now that LendInvest is a likely… Read More

June 24, 2020 @ 7:41 am By JD Alois  |  

LendInvest, a property finance marketplace, has introduced a range of updates to its Buy-to-Let product including several special offers available for a limited time.  In a release, LendInvest said it is now offering its two year fixed 75% LTV product at a rate of 3.49%,… Read More

June 17, 2020 @ 3:19 pm By Samantha Hurst  |  

LendInvest a UK-based marketplace for property financing, announced on Wednesday it has joined Sesame and PMS’s lender panel to ramp up distribution of its Buy-to-Let and Bridging products. According to LendInvest, the network and mortgage club’s member firms will now be able to register with… Read More

June 2, 2020 @ 7:43 am By JD Alois  |  

LendInvest, a top Fintech providing property finance in the UK, has updated its bridge financing product suite with higher LTVs [loan to value] of up to 75% as the UK’s national lockdown eases.  In a release, LendInvest said residential bridging rates are starting at 0.55%… Read More