LendInvest, the London based buy to let finance and bridging finance platform, has received the highest rating from ARC Ratings for the seventh year in a row.
ARC Ratings is a regulated European credit rating agency registered with ESMA (European Securities and Markets Authority). The rating is awarded based on factors including financial health, due diligence, internal controls, corporate governance and data disaster mitigation.
For the sixth consecutive year, LendInvest was given the SQ1 Servicer Quality Rating after a comprehensive review of the lender’s practices, with a focus on processes used to underwrite and service property loans. LendInvest’s financial strength was recognised, along with its approach to the pandemic in regard to its forbearance procedures,
Rod Lockhart, Chief Executive Officer of LendInvest, said: “It’s been a huge year already for LendInvest. Receiving this rating just weeks after our listing on the London Stock Exchange is exemplary of the hard work the team put in to deliver the best experience for our customers.
This is the seventh year the business has received the highest possible rating from this hugely respected rating agency, and is the best vote of confidence in the platform and internal processes that we have developed.”
Original article featured here…
LendInvest recently reduced rates for its BTL product suite, and launched a new product for large HMOs and MUFBs.