LendInvest has secured a £250m warehouse facility with Société Générale, enhancing its foothold in the UK property finance market.
The deal gives LendInvest the leverage to advance its buy-to-let (BTL) and specialist residential mortgages, using its technology-driven lending platform.
The facility also offers LendInvest competitive funding terms and multi-year support, allowing for greater efficiency in mortgage origination.
Rod Lockhart (pictured), CEO of LendInvest, said: “We are pleased to welcome Société Générale as a strategic funding partner, further demonstrating the confidence global financial institutions have in our expertise and origination capabilities.
“This partnership will enable us to continue supporting UK landlords while delivering strong value creation for Societe Generale.
“It cements our position as the partner of choice for institutional investors looking to access UK mortgages.”
Emmanuel Blind, head of European financial institutions securitisation at Société Générale, said: “Société Générale is delighted to establish a strategic funding partnership with LendInvest, supporting its buy-to-let and residential mortgage originations and contributing to the valuable work it does to finance the real economy in the UK, which closely aligns with Société Générale’s commitments.
“LendInvest has an extensive track record of executing on its sound business strategy, and we are excited to further develop our relationship.”
