LendInvest lent £83 million to professional property investors, developers and landlords in December 2018, its best month on record.
Its December lending was bolstered by a number of key product changes for its buy-to-let and bridging products in the last quarter of the year, and a number of hires across all teams on the lending side of the business, with 13 new hires in the buy-to-let team alone in 2018.
LendInvest currently has vacancies open in underwriting and BDM roles to manage a high level of loan applications.
The lender secured further significant capital investment throughout the year to meet the increasing demand for property loans, including launching a second Retail Bond on the London Stock Exchange, followed by the close of a £150 million funding deal with Nomura and Magnetar.
Ian Thomas (pictured), co-founder and chief investment officer at LendInvest, said: “In what was a short month in terms of business days, we have achieved a fantastic new record of loan originations for the business.
“This year the team have truly gone above and beyond in ensuring we are delivering the finance our borrowers need, at speed – our focus now is keeping this momentum going into 2019.”
