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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