Sky News had reported that the specialist lender had hired the investment bank Lazard to advise on its strategic options, suggesting that a £500m initial public offering (IPO) may be on the cards.

While LendInvest is privately owned, its listed subsidiary LendInvest Secured Income issued a statement to the stock exchange on the rumours.

It stated: “Further to recent press speculation, LendInvest Limited, the ultimate holding company of LendInvest Secured Income plc, has confirmed that, together with its major shareholders, it is considering a range of strategic options for the business, including a potential IPO.”

The lender has been linked with a floatation repeatedly over the last couple of years. When it announced it had secured a £30.5m investment last September, it positioned the money as pre-IPO funding ahead of its eventual move into the mainstream mortgage market.

LendInvest started in bridging and development finance, before moving into buy-to-let in November 2017.

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