6 years ago

LendInvest Secures €216 Million from NAB to Expand Buy-to-Let Lending

  • LendInvest, a UK-based online marketplace for property finance, has secured €216 million in funding from the National Australia Bank (NAB)

  • This new funding will allow LendInvest to expand its reach in the UK buy-to-let market

  • LendInvest has already lent about €400 million in buy-to-let loans and is taking market share in the bank-dominated market

  • The company has raised over €1.94 billion in debt and equity from investors, making it one of the largest non-bank mortgage lenders in the UK.

    • ProblemFinancial Services

      "The UK property finance market is dominated by banks, which can be slow and bureaucratic. This makes it difficult for borrowers to get the financing they need, especially for buy-to-let mortgages."

      Solution

      "LendInvest is a digital platform that provides a faster and more efficient way to get property finance. They offer a range of products, including buy-to-let mortgages, and their online platform makes the process simple and easy. They also have a strong track record of providing competitive rates and excellent customer service."

      Covered on