There is big news out of the UK today. In his annual budget, Chancellor of the Exchequer (the equivalent of...
UK based online real estate lender LendInvest has securitized $328mn of UK prime Buy-to-Let mortgage loans; Christian Faes, Co-Founder and...
The bonds have a minimum investment of £2,000 and offer investors a 5.37% return per year until 2023; the offer will close at or before 12 pm on March 29th; Christian Faes, co-founder of LendInvest stated, “We are delighted to be coming back to the market so soon after the successful issue of our first oversubscribed bond in August 2017.” Source
Citigroup will provide funding for mortgages which will eventually be securitized and sold; the terms of the deal were not disclosed; LendInvest has continued to grow loan volumes with 2017 volume at 500 million pounds. Source
Marketplace lender LendInvest has launched a new auction finance product to more rapidly service its customers; the firm offers short term property financing; the auction financing product will service brokers and their clients who are seeking funding for properties bought from a real estate auction; the auction product will offer one to 12 month term loans ranging from 75,000 British pounds ($92,775) to 7.5 million British pounds ($9.28 million); LendInvest has originated over 800 million British pounds ($990 million) in loans over the last three years and also recently introduced a development exit product in October. Source
Wirecard seeks new financing strategy as Moody’s downgrades firm to junk Compound Tops MakerDAO, Now Has the Most Value Staked...
The securitization includes £285 million of UK prime buy-to-let mortgage loans and was oversubscribed; Citi arranged the securitization who was...
UK based online real estate lender LendInvest announced a $328mn securitization deal yesterday which is the second in the last...
Christian Faes, the CEO and Co-founder of UK property lender LendInvest, discusses tech, investment channels, the UK housing crisis, Brexit,...
Sky News is reporting that UK fintech pioneer, LendInvest, is exploring an IPO on the London Stock Exchange some time...
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