LendInvest passes $1bn of capital under management

Published on

LendInvest has reported its best ever year of capital raising.

Since the start of 2017, LendInvest’s lending capital base has grown by 104% to £765 million ($1.03 billion).

LendInvest’s investor base includes global banks, pension and infrastructure funds, family offices and private clients based throughout the UK, mainland Europe, the Middle East and Asia.

To date, LendInvest investors have used the platform to invest almost £1.2 billion in secured property loans. These loans are made to professional property investors and developers who have built, bought or renovated over 4,000 homes around the UK.

Christian Faes, co-founder and CEO of LendInvest, said: “Surpassing the $1 billion mark for capital under management confirms LendInvest’s place as the UK’s leading online platform for stable, income-driven investments into UK real estate.

“The demand for credit to back UK residential property projects consistently outweighs the supply, but banks and other traditional lenders continually fail to close that gap. As one of the UK’s leading non-bank lenders, we’re in a unique position to capitalise on the opportunity this creates for the benefit of all our investors.

“With a well diversified lending capital base, 2018 looks promising for us and our investors. We’ll lend more than ever before across the country, helping to fund the creation of thousands more essential new and improved homes in dozens of the UK’s towns and cities.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

EXCLUSIVE: Mortgage industry launches festive concert to aid homeless

A collective of leading mortgage brokerages are joining forces this festive season to raise...

Virgin Money and Clydesdale Bank cut product transfer window to four months

Virgin Money and Clydesdale Bank are reducing the length of time customers can apply...

The Leeds cuts mortgage rates and lowers barriers for first-time buyers

Leeds Building Society has announced a raft of mortgage rate reductions of up to...

Accord widens access for those on Universal Credit and without indefinite leave to remain

Accord Mortgages has relaxed key elements of its lending criteria in a move it...

Vulnerable equity release customers still overlooked, warns ERG

The Equity Release Group (ERG) has warned that the financial advice industry is failing...

Latest publication

Latest opinions

HMOs: market realities, future prospects, and the broker opportunity

The HMO sector remains one of the most dynamic parts of the private rented...

Bridging the Pond: How large is the US bridging finance market, and compared to the UK?

When we first got started with LendInvest in the UK, post the financial crisis,...

Passing the affordability exam

As teachers and students of various ages have spent August nervously opening exam results...

Investors are changing their approach – and lenders should too

The buy-to-let market never stands still, but the pace of change in recent years...

Other news

EXCLUSIVE: Mortgage industry launches festive concert to aid homeless

A collective of leading mortgage brokerages are joining forces this festive season to raise...

Virgin Money and Clydesdale Bank cut product transfer window to four months

Virgin Money and Clydesdale Bank are reducing the length of time customers can apply...

The Leeds cuts mortgage rates and lowers barriers for first-time buyers

Leeds Building Society has announced a raft of mortgage rate reductions of up to...