The move is part of the company’s expansion strategy to meet increasing borrower demand
Fintech lender LendInvest has opened a new office in Glasgow, Scotland, to meet increasing demand for property finance in the north of the United Kingdom and to access talent from a financial and technology hub.
Aside from the opening of a new office, LendInvest has also joined industry body FinTech Scotland to lend its expertise to the growing fintech ecosystem in the country.
Now, it is recruiting for technology roles, as well as its Scotland-based credit and operations team, seeking hires with exceptional understanding and experience of the Scottish mortgage market.
The move comes as part of the company’s expansion strategy to meet increasing borrower demand for its green and inclusive products across the whole of the UK.
Read more: LendInvest reports significant growth in record year.
In August, LendInvest launched an HMO product for first-time landlords, and has expanded the size of student lets it supports around major Scottish universities. The lender will be accepting house in multiple occupation (HMO) and multi-unit freehold block (MUFB) applications on the Tier 2 range, enabling access to funding for more landlords.
“It has always been our intention to be a lender that brings smart and progressive technology to mortgage deals throughout the UK,” Rod Lockhart, chief executive at LendInvest, commented. “Making Scotland the first UK office for the company outside London sets the foundations for the sort of expansion we are envisaging.
“We’re excited to join our existing Scotland based employees for the launch event next week, and soon welcome new colleagues on board as we ramp up our operations in the area.”
Nicola Anderson, chief executive at FinTech Scotland, welcomed LendInvest to Scotland and its further involvement in the FinTech Scotland SME community.
“The inclusive focus of Lendinvest’s service is another great example of fintech innovation driving purposeful change to enhance outcomes for people and society, while supporting the changes needed to help achieve our net zero ambitions,” Anderson said. “We’re looking forward to working with the team.”