LendInvest has reported a 20.5% annual rise in AUM
IN BREIF:
Assets under management reached £2.58bn at the end of March, a year-on-year increase of 20.5%
The company is due to report its full-year results in mid-July, and says they’re expected to fall in-line with expectations
LendInvest says it now has £1bn in lending headroom for growth in the coming year
What does this mean?
"While we remain mindful of the macroeconomic backdrop, we have confidence in our growth strategy,” said CEO Rod Lockhart. “Our technology enables us to continue developing disruptive new solutions in existing and new parts of the mortgage market, giving us a competitive edge with brokers and borrowers and helping us to continue to attract diverse sources of capital."
