Bringing you live news and features since 2006 

LendInvest cuts minimum loan size to reflect regional deal flow demand


LendInves has reduced the minimum loan size applicable across its suite of bridging finance products.

LendInvest will now accept applications for loans of GBP75,000 or higher. The reduction from GBP100,000 has been applied to all residential and commercial bridging loans.
The decisions follows the launch of LendInvest in Northern England and Scotland in recent months, as part of the company’s strategy to become a nationwide lending business.
A smaller minimum loan size reflects the changing profile of the typical loan application that LendInvest receives as it becomes better known in regions beyond London and the Southeast, where the average property value is lower.
Matthew Tooth, chief commercial officer at LendInvest, says: “By reducing our loan size, we will automatically open up the LendInvest proposition to more prospective borrowers working and investing in UK towns and cities far beyond London and the Southeast. 2017 will be the year that we look to accelerate our lending throughout the country.”

Latest News

Fidelity International has announced the launch of the Fidelity Global Government Bond Climate Aware UCITS ETF, expanding its climate-focused ETF..
ETFs in Europe gathered net inflows of USD8.61 billion during February, bringing year-to-date net inflows to USD27.94 billion, according to..
Global ETFs gathered USD19.96 billion in net inflows during February bringing year to date net inflows to USD79.79 billion, according..
Since Thursday, four new ETFs issued by Xtrackers are tradable on Xetra and via the trading venue Börse Frankfurt...

Related Articles

Off the Record Episode 1
ETF Express is pleased to announce the launch of Off the Record, a new podcast series, in partnership with Truss...
February ETF flow figures from iShares at BlackRock reveal that inflows into global ETPs were moderate for a fifth consecutive...
Noel Archard, AllianceBernstein
Noel Archard has been in position as the global head of ETFs at AllianceBernstein for just over a year and...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by