So far this year, the London-based peer-to-peer lender has supplied the finance for 1,222 new properties, more than twice the 663 homes it funded in 2014.
Christian Faes, Co-Founder & CEO of LendInvest, said: “Creating new housing goes directly towards addressing this [supply] issue, and LendInvest is proud to be part of the solution to the housing market in the UK.
“After only 30 months in business, LendInvest will supply essential financial backing for around 1% of all privately developed homes in the UK this year.
“In a market where there are a dozen house hunters for every property and major house builders don’t intend necessarily to increase the number of units they built year on year, the country urgently needs housing stock from alternative sources.”
LendInvest, which has lent more than £250m in 2015, expects the total valuation of properties it has funded to over £1bn by early next year.
It also expects to fund more than 1,500 new properties in 2016.
Last month, the lender launched a 0% interest bridging product.
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