Mortgage platform LendInvest has brought BNP Paribas to its £300m financing syndicate with HSBC and Barclays to “support the continued growth of its short-term mortgages”.
BNP Paribas joins several other financial institutions, including Lloyds, JP Morgan, Wells Fargo, Citi and National Australia Bank, who support the company’s mortgage products.
The syndicate supports its short-term mortgages, which includes financing the refurbishment of old housing back into circulation across the UK.
LendInvest said that the partnership boosts its funds under management to £3.7bn.
The company has been growing its funding base, bringing on Wells Fargo to its £200m financing syndicate for buy-to-let in April and launching residential mortgage offering with Lloyds Banking Group in March.
Rod Lockhart (pictured), chief executive officer of LendInvest, commented: “We are thrilled to welcome BNP Paribas to our growing roster of global financial partners and institutional investors, not only demonstrating their trust in our capabilities and the continued momentum in our business, but significantly supporting our short-term mortgage proposition.
“Housing supply is a fundamental issue in the UK at the moment and our short-term mortgages play a key role in addressing this by helping developers refurbish and upgrade old housing stock.”
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.