View more on these topics

LendInvest secures £40m funding line

UK-Currency-Money-Coins-with-pound-sign-700x450.jpg

Macquarie has given LendInvest a £40m funding line to grow in the short-term mortgage market.

LendInvest says the Macquarie facility is its fourth bank funding line and brings its total investments to more than £230m.

LendInvest chief executive Christian Faes says: “LendInvest is creating the most diverse capital base of any mortgage lender in the market which is a key differentiator for our business.

“By welcoming another significant institution and funding line to our business, we are putting in place the foundations for a very scalable move into longer duration lending and ultimately the mainstream UK mortgage market.”

Recommended

Money-Notes-Currency-GBP-700.jpg

BlackRock invests £12.7m in P2P lending

BlackRock has emerged as the third biggest holder of the investment trust behind peer-to-peer lending platform Funding Circle, with an investment of £12.7m shares. The Financial Times reports the transaction was made in December according to Bloomberg data. The position marks the first time the fund group has offered retail investors exposure to peer-to-peer lending […]

Houses-House-Money-Notes-10-700.png

Dragonfly loans back Octopus P2P investment vehicle

Dragonfly Finance will now have some loans funded by Octopus Investment’s new peer-to-peer investment vehicle, Octopus Choice. Octopus Choice is aimed at advisers and designed to give investors a middle ground between low returns of conventional saving and the higher risks of stock market investment. Dragonfly managing director Mark Posniak says Octopus is targetting investors […]

Money-Cash-Coins-GBP-Pounds-UK-700x450.jpg

Investec launches private banking mortgage

Investec Private Banking is rolling its Professional and £Million Plus+ mortgages into a new Investec Private Banking Mortgage. The new mortgage covers loans from £250,000 up to £10m, or £5m on fixed rates, to a maximum of 85 per cent loan-to-value, though this can go higher on request. The mortgage needs a minimum income of […]

Diversified cashflows are key

Dividends are under pressure in some areas: but reliable yields can still be found. So says Adrian Frost, manager of the Artemis Income Fund, in conversation with Lawrence Gosling.

Newsletter

News and expert analysis straight to your inbox

Sign up