Monday, May 1, 2023
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LendInvest has announced that Wells Fargo has joined its £200 million financing syndicate with National Australia Bank (NAB) to support the continued growth of its buy-to-Let proposition.
Wells Fargo joins a growing roster of global financial institutions choosing to support the lender’s mortgage products, including banks such as Lloyds, JP Morgan, HSBC, Barclays, Citi and NAB.
The success of LendInvest's buy-to-Let product is easily measured by customer demand. Having launched its first buy-to-Let mortgage product five years ago, Platform Assets Under Management (AuM) for Buy-to-Let reached £1.8 billion as of 30th September 2022 and represents 75% of total Platform AuM.
LendInvest was the first Fintech to provide an entirely online experience for buy-to-Let customers and was the first UK Fintech to securitise its own mortgage assets just 18 months later.
Call Trinity Specialist Finance to secure funding on 020 7016 6151 or book a consultation
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