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.

What does it mean when a loan is pending underwriting?

It means that a loan that is available for investment, and if it is fully funded, it is subject to a final assessment prior to funds being released to the borrower.

This is done mainly for two reasons:

  1. The borrower needs to raise funds quickly, which is common with bridging loans, and there is little time to wait for a formal valuation to be undertaken. Valuation is undertaken during the funding process or immediately following successful funding, or
  2. To save the borrower costs in the event that the loan will not be fully funded, as raising funds through our lending platform does not guarantee that a loan will be fully funded.

Until a formal valuation is undertaken, external estimated values will be used, such as estate agent appraisals, and will be the initial value displayed on the Loan Information page. If the value of the formal valuation falls below the initial value range, then the borrower will not get the loan and all funds will be immediately returned to investors.

Learn more

Click here to see the full list of Frequently Asked Questions.

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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