LendInvest, the London based buy to let finance and bridging finance platform, have appointed Top 100 UK law firm Birketts to its BTL and bridging finance legal panels and will instruct them alongside two existing panel firms.
Birketts was selected following a tender process by Elizabeth Lee, Senior Associate and head of the Real Estate Finance team in Norwich.
LendInvest is continuing to grow and expand its business. Since it was founded in 2008, it has provided more than £3bn in BTL, development and short-term mortgages. They won several awards including Specialist Lender and Buy-to-let Lender of the Year at the 2019 National Association of Commercial Finance Brokers (NACFB). LendInvest also became the first UK fintech company to securitise a portfolio of buy-to-let mortgages in 2019.
Sophie Mitchell-Charman, sales director at LendInvest, said “As our business continues to grow, this is an ideal moment to bring a team with such a comprehensive skillset on board.
“It is important to know that our legal advice will not just be clear, but that the team are capable of providing the best and most appropriate advice on every matter.”
She added that she was confident the property team at Birketts had the understanding and knowledge to best support the company and the developers it works with everyday.”
Chris Schwer, partner and head of property division at Birketts, also stated: “We understand how crucial it is to add value to investments and businesses in the commercial property market.
“Our property team is one of the largest and best regarded in the country, with an unrivalled insight into development and investment, so I am delighted we have the opportunity to work with a business like LendInvest.
“…I am very pleased that Birketts will now work with an industry leader, helping their thousands of clients access the funds they need to develop their property portfolios.”
Original article featured here…
This news comes after LendInvest launched their new BTL product range, broadening lending criteria to include first-time landlords and student let HMOs.