LendInvest lends record £83m to property investors in December

LendInvest achieved a record December for originations last month – lending £83m to property investors, developers and landlords.

Following the month, the company has now lent over £1.7bn.

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.”

The company added 13 new hires to the buy-to-let team in 2018, while it pledged to ramp up the recruitment drive in the new year by hiring more underwriters and business development managers.

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