Lender to launch into Scotland

Lender to launch into Scotland



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LendInvest is looking to recruit a Scotland-based business development manager who will be responsible for originating mortgage deals north of the border, particularly in Glasgow and Edinburgh..

LendInvest is looking to recruit a Scotland-based business development manager who will be responsible for originating mortgage deals north of the border, particularly in Glasgow and Edinburgh.


The move marks LendInvest’s first official presence outside of London and forms part of its broad expansion plans for 2016.

The lender’s existing residential bridging and short-term buy-to-let products will be available to new Scottish property entrepreneurs seeking loans with a maximum 70% LTV, for up to three years.

Christian Faes, Co-Founder and CEO at LendInvest, said: “It has always been our intention to be a lender that brings smart and efficient underwriting practices to mortgage deals throughout the UK. 

“Making Scotland the first launch location for the company outside London puts a marker in the sand for the sort of expansion we are envisaging.

“I’m excited to welcome a new colleague on board and then starting closing our first deals there.”

LendInvest expects this appointment to lead to the launch of a Scottish office at a later date.

The P2P firm will also be launching business development roles in the West Country, the Midlands and the North West in spring.
 

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