LendInvest

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LendInvest
Type Private
Industry Peer-to-peer lending[1][2][3][4][5][6][7]
Headquarters London, England
Key people

Christian Faes, Managing Partner & Founder

Ian Thomas, Partner
Products Residential and commercial mortgages
P2P lending
Services Financial services
Website www.lendinvest.com

LendInvest is a peer-to-peer lending platform for residential and commercial mortgages created by Montello, a specialist financier based in London.[8][9][10][11][12][13][14] It offers an crowdsourcing alternative to bank-backed mortgages, of which there has been a drastic decline in the United Kingdom following the Financial Crisis of 2007–08.[1][15][16][17]

Launched in May 2013, the company lent £6.5 million in its first four months of operation.[18][19][20]

Company overview[edit]

LendInvest lets investors find and invest in new loans and facilitates an online market for completed loans.[1][9][10][11] Unlike most P2P lenders, LendInvest secures all loans against real estate and is the first P2P lender in the UK for originating and funding new residential and commercial loans.[3][14] It was the first live P2P lending platform in the world to focus specifically on mortgage loans.[21]

LendInvest’s association to Montello lets the company underwrite each loan and provides customers access to a variety of loan and underwriting processes.[17][22] Its primary investors are high net worth individuals and institutional grade investors.[4][13]

LendInvest was founded by Christian Faes, a solicitor and Managing Partner of Montello and Ian Thomas, Partner and also a founder of Montello.[8][9][1][11][3]

In Sept. 2013, the company became a member of the trade organization P2P Finance Association.[23][24][25][26] The Association also includes other established P2P lenders in UK financial market such as Zopa, Funding Circle, and RateSetter.[24][25][26]

References[edit]

  1. ^ a b c d "Alternative lenders help fill funding gap". Mortgage Strategy. Retrieved November 7, 2013. 
  2. ^ "10 Questions with... Christian Faes of Montello". Bridging and Commercial. Retrieved November 7, 2013. 
  3. ^ a b c "Second real estate debt fund for Montello". Opalesque. Retrieved November 7, 2013. 
  4. ^ a b "LendInvest off to a flying start". Mortgage Introducer UK. Retrieved November 7, 2013. 
  5. ^ "P2P mortgage lending platform launches". Mortgage Introducer UK. Retrieved November 7, 2013. 
  6. ^ "LendInvest join the P2P Finance Association". Mortgage Introducer. Retrieved November 7, 2013. 
  7. ^ "Peer-to-peer mortgage lender launches". Every Investor. Retrieved November 7, 2013. 
  8. ^ a b "LendInvest – crowdfunding for mortgages". Mortgage Finance Gazette Online. Retrieved November 7, 2013. 
  9. ^ a b c "UK-Based Montello Capital Partners Launch LendInvest, P2P Loan Trading Platform". Crowdfund Insider. Retrieved November 7, 2013. 
  10. ^ a b "Peer-to-Peer Lending Likely to Continue its March Into the Mainstream". Retrieved November 7, 2013. 
  11. ^ a b c "Montello principals launch peer-to-peer loan trading platform". Financial Reporter. Retrieved November 7, 2013. 
  12. ^ "LendInvest launches peer-to-peer mortgage lending site". Mortgage Solutions. Retrieved November 7, 2013. 
  13. ^ a b "New P2P Mortgage-Lending Platform Targets Institutional-Grade Investors". FINalternatives. Retrieved November 7, 2013. 
  14. ^ a b "Peer-to-Peer Mortgage Lending Platform Launches in the UK". Property Reporter. Retrieved November 7, 2013. 
  15. ^ "60 Seconds with... Christian Faes, partner at LendInvest". Mortgage Strategy. Retrieved November 7, 2013. 
  16. ^ "Peer-to-Peer Lending Likely to Continue its March into the Mainstream". Lending Revolution. Retrieved November 7, 2013. 
  17. ^ a b "LendInvest cuts out mortgage lenders". Your Mortgage. Retrieved November 7, 2013. 
  18. ^ "LendInvest completes first block trade of loans for GBP1.3m". Hedgeweek. Retrieved November 7, 2013. 
  19. ^ "Montello heads unveil peer-to-peer loan platform". Best Advice. Retrieved November 7, 2013. 
  20. ^ "LendInvest completes first block trade of loans for GBP1.3m". Property Funds World. Retrieved November 7, 2013. 
  21. ^ "Peer-to-peer mortgage platform LendInvest breaks £8.5m barrier". Financial Reporter. Retrieved November 7, 2013. 
  22. ^ "Q&A with LendInvest: the first peer-to-peer mortgage lender". Love Money. Retrieved November 7, 2013. 
  23. ^ "LendInvest joins £600m revolution". Bridging and Commercial. Retrieved November 7, 2013. 
  24. ^ a b "LendInvest accepted as member of peer-to-peer industry body". Financial Report. Retrieved November 7, 2013. 
  25. ^ a b "LendInvest accepted into the Peer-to-Peer Finance Association". Property Reporter. Retrieved November 7, 2013. 
  26. ^ a b "Members". P2P Finance Association. Retrieved November 7, 2013. 

External links[edit]