LendInvest grows Funds under Management to £5.14bn

Lendinvest PLC

27 January 2025

 

FOR IMMEDIATE RELEASE

LendInvest Plc

("LendInvest" or the "Company")

LendInvest Announces FuM Increase to more than £5.14 billion

London, UK - January 27th 2025 - LendInvest, a leading UK property finance business, today announces it has passed a key milestone with more than £5bn in Funds Under Management.

The FUM total now stands at £5.14bn, boosted by a £500 million upsize from one of the business' existing institutional investors.

Today's FUM announcement follows a series of major funding uplifts for LendInvest in recent months, including the £300m renewal of its funding syndicate with BNP Paribas, Barclays and HSBC, and the £1.5bn funding agreement with JP Morgan announced last September. 

LendInvest has also just agreed a renewal of its £300 million funding facility with Lloyds.

The renewal of the facility is testament to Lloyds' support for LendInvest's strategy, appreciation of the expertise in the team, and its understanding of the advanced technology that underpins its performance. The facility will continue to be used to support lending across Buy-to-Let and Owner Occupied mortgages, enabling more people to benefit from home ownership and property portfolio investment.

"This renewal highlights Lloyds' understanding of the strength of our business, our consistent loan performance, and the cutting-edge technology that powers our operations," said Rod Lockhart, CEO of LendInvest.

"We are delighted to be able to extend our relationship with Lloyds - one of the UK's most prestigious banks - and with whom we have built a strong and successful working relationship over many years."

LendInvest also announces that its mortgages division achieved record lending volumes through Q3 FY 2025 (ending 31st December 2024), while continuing to keep headcount stable and improving operational efficiency:

●    £358 million lent in Q3 FY 2025, including £123 million in December alone.

●    A new annual lending milestone of £1.168 billion in the Calendar Year (CY) 2024, surpassing the previous record of £1.125 billion in CY 2022.

"These figures are a result of the dedication of our people - and especially the performance of our new hub in Glasgow - as well as the resilience of the UK property finance market." added Lockhart.

"What is really pleasing, though, is that these results translate into tangible impact for hundreds of developers, landlords, property owners and of course investors - all of which ladders up to the provision of better quality housing across the country."

The renewed Lloyds Bank facility, alongside record operational performance and recent funding announcements, as well as the continued success of its RMBS Securitisation programmes, reinforces LendInvest's leadership in the property finance market. With a strong strategy in place, the Company is aiming to deliver further growth and innovation in 2025 and beyond.

Ends.

Enquiries:

Rod Lockhart, Chief Executive Officer  

Hugo Davies, Chief Capital Officer & MD of LendInvest Mortgages

Chris Semple, Head of Investor Relations & Communications                                                                                   

[e-mail]

[e-mail]

[phone]

Panmure Liberum (NOMAD and Broker)

Atholl Tweedie / David Watkins

[phone]

About LendInvest
LendInvest is the UK's leading platform for property finance. LendInvest offers short-term, development, bridging and buy-to-let mortgages through intermediaries to landlords, developers, and home owners. Its proprietary technology and user experience make it simpler for both borrowers and investors to access property finance. LendInvest has lent over £7.5bn of short term, development and buy to let mortgages.

Its funders and investors include global institutions such as JP Morgan, HSBC, Lloyds and Barclays, and, in 2019, it was the first Fintech to securitise a portfolio of BTL mortgages.

 

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