LendInvest takes 10% bridging market share

LendInvest lent a total of £250 million in 2015, and claims that it has secured a 10% market share of the £3 billion UK bridging finance market in 2015.

Related topics:  Specialist Lending
Rozi Jones
18th December 2015
Christian Faes - Montello

Since launch, it has lent £470 million to property entrepreneurs and funded nearly 2,000 new or rebuilt homes.

This year, the firm entered the development finance market with loans targeted at small-scale developers.

In 2015, it also strengthened its management team with senior executive hires from RBS, Kensington Mortgages, CBRE, IG Group and Microsoft.

Christian Faes, Co-Founder & CEO of LendInvest, commented:

“2015 has been a truly transformative year for LendInvest. In the last twelve months our team, which has grown phenomenally quickly, has made its mark across every target market of brokers, borrowers and investors.

“All our target customers are really starting to look at non-bank lending through realistic, serious eyes. Our solid lending and investment figures show a growing awareness and willingness by borrowers and brokers to detach from the banks and work with funding partners who make sense for them. Earlier this year too, our strong financial results demonstrated that peer-to-peer lending can be a profitable business model.

“With this year’s progress under our belts, I can’t wait to get back to business in the new year with our expanded team in our brand new offices. 2016 shows every sign of being an excellent year.”

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