This partnership with Barclays and HSBC is worth around £150 million
Asset management platform for property finance LendInvest recently partnered with Barclays and HSBC.
LendInvest offers products and pricing that allow borrowers to access property finance in a matter of days, while Barclays and HSBC are British multinational banks that provide various services to clients including mortgages and loans.
LendInvest already has a portfolio of global financial partners and institutional investors. This includes investment bank and financial services holding company JP Morgan, financial services provider Citibank, and National Australia Bank.
This latest partnership with Barclays and HSBC is worth around £150 million.
The aim of the new partnership with Barclays and HSBC is to provide finance to property entrepreneurs based in the UK.
The partnership will also help the supply of energy-efficient properties. A good energy efficiency rating can add value to a property. These are ranked with A being the highest score and G being the lowest. An energy efficiency report suggests how a property can be improved to reduce fuel bills, improve efficiency, and reduce carbon emissions.
Sean White, managing director of Securitised Products Solutions says LendInvest is one of the leading fintech property lenders in the UK and their knowledge, expertise in the property lending market, and technology-enabled offering makes this a terrific partnership.
Rod Lockhart, chief executive officer of LendInvest, adds: It has already been a hugely exciting year for LendInvest. With a number of major milestones under our belt, this latest financial partnership only adds to the momentum the business has been gathering over the past twelve months.
As our roster of global financial institutions continues to grow, it has become clear that LendInvest has become the platform of choice for the world’s largest institutions to partner with, he added.
There is a real recognition that the technology and platform we have built, allows institutions to access the highest quality assets in the market – while providing customers with an online and streamlined process unlike any other, Lockhart said.
Through LendInvest’s technology-driven platform, Barclays will help fund short-term mortgages, while HSBC will help expand LendInvest’s short-term lending origination activity.