LendInvest has reported a rise in profitability and lending activity in its half-year results as the property finance platform continues to embed the strategy it set out last year and strengthens its funding base.

The London-listed lender said new lending reached £664 million in the first half of the 2026 financial year, up 23% year on year.

Platform assets under management increased 17% to £3.45 billion, while funds under management rose 14% to £5.3 billion.

Around three-quarters of platform assets are now backed by third-party capital – a shift LendInvest said reflects growing institutional appetite for the asset class.

IMPROVED PROFITABILITY

Profitability also improved over the period, with net operating income rising 29% to £21.5 million. Adjusted EBITDA reached £3.7 million, while profit before tax came in at £1.2 million, marking the company’s second consecutive profitable half.

Underlying costs fell even as lending volumes grew, demonstrating what the company described as “real operating leverage”.

Retention has become a significant growth driver, particularly in the buy-to-let division, following improvements to the broker journey and product transfer process.

STRONG PIPELINES

The group also completed two funding transactions shortly after the period end, extending its funding runway and further bolstering the balance sheet.

LendInvest said its lending pipelines remain strong despite a volatile macroeconomic backdrop and a temporary slowdown around the Autumn Budget.

It added that the business is entering the second half of the financial year with “good momentum” and remains in line with full-year market expectations.

GROWING MOMENTUM

Rod Lockart (main picture), chief executive of LendInvest, said: “As we look ahead, our focus remains on disciplined execution – scaling lending, protecting margins and compounding profitability.

“While we experienced some temporary slowdown in property purchase activity ahead of the November Budget, performance for the full year is expected to remain in line with market expectations.

“With a proven model and growing momentum, LendInvest is well-positioned to capture the next phase of growth as market conditions improve.”