LendInvest agrees funding deal to back move into home lending

LendInvest LSE Market Open

Finance portal LendInvest has agreed an increase in funding from Lloyds Bank to £300m to support an entry into the UK’s £1.2trn homeowner mortgage market.

LendInvest’s homeowner mortgage product, which had a soft launch in December with a select group of mortgage brokers, is due to launch more widely through 2023.

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