LendInvest secures £40m funding line


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.”