LendInvest opens new office in Scotland

By Bridging Loan Directory 6th September 2022

LendInvest, the UK’s leading asset manager for property finance, has today opened a new office in Scotland to meet increasing demand for property finance in the North of the United Kingdom and to access talent from a leading financial and technology hub.

The office opens on Tuesday 6th September, with a launch event planned for the day. LendInvest at the same time joins industry body Fintech Scotland to lend its expertise to the growing Fintech ecosystem in Scotland.

LendInvest is recruiting for technology roles as well as its Scotland-based Credit and Operations team, seeking hires with exceptional understanding and experience of the Scottish mortgage market.

The move comes as part of the company’s expansion strategy to meet increasing borrower demand for its green and inclusive products across the whole of the UK.

In August, LendInvest launched an HMO product for first time landlords, and has expanded the size of Student Lets it supports around major Scottish Universities.

At the same time the lender will be accepting HMO and MUFB applications on the Tier 2 range enabling access to funding for more landlords.

Rod Lockhart, Chief Executive Officer at LendInvest, commented:

“It has always been our intention to be a lender that brings smart and progressive technology to mortgage deals throughout the UK.

Making Scotland the first UK office for the company outside London sets the foundations for the sort of expansion we are envisaging.

We’re excited to join our existing Scotland based employees for the launch event next week, and soon welcome new colleagues on board as we ramp up our operations in the area.”

Nicola Anderson, Chief Executive at FinTech Scotland said:

“It is fantastic to welcome LendInvest to Scotland and have the business involved in the FinTech Scotland SME community.

The inclusive focus of Lendinvest’s service is another great example of fintech innovation driving purposeful change to enhance outcomes for people and society, while supporting the changes needed to help achieve our Net Zero ambitions.

We’re looking forward to working with the team.”