Product Overview of LendInvest
LendInvest is a UK-based non-bank mortgage lender and fintech company that provides a comprehensive platform for property lending and investing. Here’s an overview of what the product does and its key features and functionality:
What LendInvest Does
LendInvest specializes in offering specialist finance to property investors, developers, and small and medium-sized businesses (SMEs) across the UK. The platform allows individuals, corporates, and financial institutions to invest in secured property loans that are originated and underwritten by LendInvest’s mortgage team.
Key Products and Services
Bridging Finance
LendInvest offers short-term, flexible finance solutions for immediate property funding needs. This includes regulated and unregulated bridging loans, which can be used for various purposes such as securing a residential property purchase quickly, funding refurbishments, or generating short-term business cash flow from an existing property.
Residential Mortgages
The platform provides tailored mortgages for homeowners, particularly beneficial for those with complex income streams. These mortgages are designed to meet the specific needs of residential property buyers.
Buy-to-Let Mortgages
LendInvest offers specialized financial products for both first-time and experienced landlords, catering to various types of properties. This includes the UK’s first fintech securitisation of Buy-to-Let loans, which was achieved in 2019.
Development Finance
The company provides financing options for property development projects, including funding for new builds, refurbishments, and conversions. This includes products like Refurbishment Bridge and Development Exit loans, which help developers secure funding and manage cash flow effectively.
Key Features and Functionality
- Fast and Flexible Financing: LendInvest offers quick access to funds, making it ideal for urgent property funding needs such as auction purchases, chain breaks, and quick property acquisitions.
- Technology-Driven Platform: The platform leverages proprietary technology to deliver a market-leading user experience for brokers and borrowers. This includes clear and intuitive user journeys, tracking of cases, and digital delivery of key documentation, enhancing transparency and trust.
- Personalised Loan Products: LendInvest provides personalised mortgage products tailored to the specific needs of borrowers, including those with complex income streams.
- Regulated and Unregulated Options: The company offers both regulated and unregulated loan options, catering to a wide range of client needs and project types.
- Investment Opportunities: The platform allows individuals, corporates, and institutions to invest in property-backed loans, providing a secure and potentially lucrative investment avenue.
- Educational Initiatives: LendInvest supports the LendInvest Property Development Academy, a non-profit initiative that provides training for aspiring property entrepreneurs, in collaboration with the University of Reading and the Home Builders’ Federation.
Additional Features
- Retail Bond: LendInvest has issued a listed retail bond on the London Stock Exchange, providing an additional funding channel for the company and investment opportunity for retail investors.
- Servicer Quality Rating: The company has received a high servicer quality rating from ARC Ratings, reflecting its robust processes for originating, underwriting, and servicing property loans.
Overall, LendInvest’s platform is designed to provide convenient, fast, and flexible property finance solutions, supported by advanced technology and a commitment to transparency and customer satisfaction.