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More than £5 million lent to professional landlords through LandlordInvest.com

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14 June 2018

LandlordInvest Limited ('LandlordInvest' or the 'Company')

LandlordInvest.com, a peer-to-peer lending platform for residential and commercial real estate mortgages and an Innovative Finance ISA manager has since its inception lent more than £5 million through its marketplace lending platform, to professional landlords that are unable to access financing from high-street lenders.

In total, £5,209,745 has been lent across 25 bridging and buy-to-let loans, earning platform earning investors on average returns in excess of 11% per annum:

Total loan amount lent

£5,209,745

Average Loan Amount

£208,390

Average Loan Term*

9.5 months

Average LTV**

63.7%

Average annual gross return to investors***

11.3%

* Weighted average loan term based on all completed loans.
** Weighted average LTV based on all completed loans.
*** Capital weighted average loan interest rate based on all completed loans and prior to any deduction for tax.

There have not been any capital losses or defaults during the period.

Filip Karadaghi, LandlordInvest’s Chief Executive said: “We’re delighted to have passed another milestone in the company’s short history and see the platform going from strength to strength. The latest figures show that LandlordInvest is becoming an established alternative source of financing to professional landlords in a time when regulation and tax changes continue making it more difficult to obtain financing from traditional lenders.

At the same time, LandlordInvest’s investors have been able to earn double digit returns by lending to an asset-backed product secured by residential or commercial property, beating the inflation rate and exceeding the returns offered by many other traditional asset classes such as bonds and stocks. Those investors that invest through the ISA-wrapper are able to enhance their returns further”.

 

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Further information:

LandlordInvest Limited

Filip Karadaghi, Chief Executive
Tel: +44 (0)207 406 1491
filip@landlordinvest.com

Nikolajs Smirnovs, Chief Financial Officer
Tel: +44 (0)207 406 1491
nik@landlordinvest.com

Notes to Editors

What is LandlordInvest Limited?

LandlordInvest is a fully FCA authorised secured peer-to-peer lending platform and an ISA manager within the fast-growing peer-to-peer lending industry. We provide a marketplace where lenders can earn higher returns, than lending through other peer-to-peer lending platforms, by lending to borrowers that have difficulties obtaining financing from high street lenders. Secured lending means that all our loans are always secured by property.

Our customers are:

  • Borrowers - professional landlords that are looking to borrow £30,000-£750,000 up to 5 years on a buy-to-let basis. They would also be able to raise short-term financing, bridging loans with a maximum term of 18 months.
  • Lenders - Anyone that has at least £100 to lend will be able lend. We aim to offer lenders risk adjusted returns between 5%-12% per annum.