LendInvest PLC - London-based non-bank mortgage lender - Assets under management reaches GBP2 billion as of January 17.
The company explained that it reached GBP1 billion after more than ten years of growth and doubled this figure to GBP2 billion within two and a half years. It attributes this to the success of its technology offering, strong demand for its buy-to-let assets and the launch of new products including its EPiC range for green properties and 7-year fixed-rate loan.
Says it is on track for another consecutive year of profitable growth from operations and affirms it remains poised to capture an increasing share of the property finance market in the coming years.
Current stock price: 206.00 pence
12-month change: up 4.3%
By Abby Amoakuh; abbyamoakuh@alliancenews.com
Copyright 2022 Alliance News Limited. All Rights Reserved.