LendInvest has received a £500m investment from Chetwood Financial Limited to fund part of its future originations for its BTL and residential mortgage products.
This funding will further the growth of the lender’s BTL business and residential mortgage range.
Rod Lockhart, CEO at LendInvest (pictured above), said: “We are delighted to receive this funding from Chetwood… [which] follows our recent sale of a portfolio of residential BTL mortgages to Chetwood for £243m, and further strengthens our partnership with the business.
“This investment will strengthen our BTL proposition and newly launched residential mortgage product, empowering us to provide competitive products to professional landlords and prospective homeowners across the nation.”
