LandlordInvest passes £1m lending

I am delighted to announce that we have passed the £1 million lending mark on our lending platform.

Having launched in December last year, we have come a long way:

• Becoming one of the first fully-FCA authorised P2P lending platforms and could offer the first residential property-backed IFISA product to UK investors;
• Introduced a secondary market giving investors the possibility to exit loans before end of term;
• Over 700 registered investors and growing every day;
• Completed 6 loans, with an average loan term of around 10 months, average gross LTV of 51.8%, an average annual rate of 10.9% and £56,210.93 paid in interest to investors; and
• Raised equity funding from one of the largest private investment companies in the UK.

We anticipate a busy autumn ahead of us where we will continue focusing on developing the lending platform and utilising our network of brokers and lender partners to continue ensuring that we have a good loan pipeline meeting the platform’s criteria.

Thank you everyone that have been a part of our journey so far, welcome to everyone that have recently joined us and we look forward to continuing developing the platform with your help and feedback.

Yours Sincerely,

Filip Karadaghi, CEO