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LandlordInvest passes £1m lending

17 Jul 2017 - Comment

I am delighted to announce that we have passed the £1 million lending mark on our lending platform.

Having launched in December last year, we have come a long way:

  • Becoming one of the first fully-FCA authorised P2P lending platforms and could offer the first residential property-backed IFISA product to UK investors;
  • Introduced a secondary market giving investors the possibility to exit loans before end of term;
  • Over 700 registered investors and growing every day;
  • Completed 6 loans, with an average loan term of around 10 months, average gross LTV of 51.8%, an average annual rate of 10.9% and £56,210.93 paid in interest to investors; and
  • Raised equity funding from one of the largest private investment companies in the UK.
We anticipate a busy autumn ahead of us where we will continue focusing on developing the lending platform and utilising our network of brokers and lender partners to continue ensuring that we have a good loan pipeline meeting the platform’s criteria.

Thank you everyone that have been a part of our journey so far, welcome to everyone that have recently joined us and we look forward to continuing developing the platform with your help and feedback.

Yours Sincerely,

Filip Karadaghi, CEO

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Don't invest unless you're prepared to lose money. This is a high-risk investment. You may not be able to access your money easily and are unlikely to be protected if something goes wrong. Take 2 mins to learn more.

LandlordInvest Limited is authorised and regulated by the Financial Conduct Authority (FCA) (FRN 660926). LandlordInvest Limited is not covered by the Financial Services Compensation Scheme (FSCS).

Loans provided to borrowers through LandlordInvest are provided solely for business purposes. Loans are therefore not regulated by the Financial Services and Markets Act 2000 or the Consumer Credit Act 1974. You should seek independent legal advice if you are in any doubt as to the consequences of the loan not being a regulated agreement under those Acts.

LandlordInvest Limited (Company No. 09245725), registered office 330 High Holborn, London, WC2A 1HL

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