This investment follows the sale of a £125m mortgage portfolio to the investment banking firm in September last year. 

This is expected to expand LendInvest’s capacity to lend to the UK buy-to-let market, with the total value lent now surpassing £3.5bn. 

Rod Lockhart (pictured), chief executive at LendInvest, said: “This transaction is yet another example of the growing interest from large global institutions in UK fintech, and importantly, another milestone for LendInvest.  

“Working with J.P. Morgan puts us in a stronger position than ever to serve our customers in what will come to be a hugely important year for the industry. We look forward to collaborating with the team there as we continue to tailor our unique offering for landlords in an ever-changing environment.” 

Sponsored

What mortgage and protection advisers should take from the FCA’s AI stance

Sponsored by Sesame Bankhall Group

Eric Wragge, managing director in securitised products at J.P. Morgan, added: “There’s a huge amount of innovation going on in the UK fintech space, which is taking place both in spite of, and in response to, the broader context of the Covid-19 pandemic.  

“LendInvest is an exciting business with ambitious plans for the future, and our securitised products team has been pleased to work with them to provide capacity for over half a billion pounds of new mortgage lending.”