Lendlord launches online bridging lender for investors

Portfolio management platform, Lendlord, has launched an online bridging lender for property investors.

Available on the platform, Lendlord announced that its automated lender will generate heads of terms, online applications and case tracking as part of a fully digital process.

Bridging will be available for any non-regulated purpose up to a maximum LTV of 75%, and users who manage their portfolios using the platform will be able to quickly review their bridging options based on data already held on their portfolio.

Lendlord provides property investors with an online platform to manage and track their portfolio details, data, and performance, while also identifying finance and capital raising opportunities based on a user’s specific profile.

Currently, bridging loans are only available directly to landlords, but Lendlord revealed it is looking to bring out a solution for brokers in the near future.

“This is a big step for Lendlord as we work towards building a one-of-a-kind technology solution to generate tailor-made financial products based on a user’s individual profile,” commented Lendlord co-founder and CEO, Aviram Shahar.

“Our engine-based bridging finance product will analyse a case and determine the terms, based on a user’s specific circumstances.

“It complements our existing Finance Hub, which provides automated recommendations for a range of financial products including buy-to-let mortgages and remortgages, bridging finance, secured loans, revolving credit for portfolios, commercial finance and landlord insurance.”

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