RCS - Lendinvest PLC - LendInvest launches tracker mortgage product range

LendinvestAnnouncement

28/10/2022 08:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20221028:nRSb4145Ea&default-theme=true

RNS Number : 4145E  Lendinvest PLC  28 October 2022

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO OR FROM ANY OTHER JURISDICTION WHERE TO DO SO WOULD
CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH
JURISDICTION.

 

LEI: 213800NWMK3O4UWP9N91

 

28 October 2022

 

LendInvest plc

("LendInvest" or "the Company")

LendInvest launches tracker mortgage product range

LendInvest plc (LSE: LINV; "LendInvest""), a leading technology driven asset
manager for UK property finance, has announced the launch of a new tracker
product range in its latest move to support borrowers in response to market
turmoil and interest rate uncertainty.

 

The new tracker range tracks against the Bank Base Rate (BBR) and seeks to
provide borrowers with flexibility while they navigate a rapidly economic
environment.

 

With no Early Repayment Charges (ERCs), borrowers can secure a preferential
rate now with the knowledge they have the flexibility to remortgage as the
market normalises over the next couple of years.

This launch is the latest in a string of product releases from LendInvest; as
the business continues to innovate at speed within the LendInvest platform,
and respond quickly to support its customers during this time.

Sophie Mitchell-Charman, Commercial Director at LendInvest, said: "The launch
of this product range comes at a crucial time for our borrowers. LendInvest
always strives to innovate, listen and make changes where our customers need
them. Thanks to our platform, we are able to provide these solutions quickly
in  fast moving and uncertain markets."

 

Enquiries:

 

LendInvest via Tulchan Communications
                                       +44
(0)20 7353 4200

 

Alex Dee, Head of Investor Relations

Leigh Rimmer, Senior PR Manager

investorrelations@lendinvest.com

 

Panmure Gordon (NOMAD and Joint Broker)
          +44 (0)20 7886 2500

 

Charles Leigh-Pemberton / Atholl Tweedie / Gabriel Hamlyn

 

finnCap Limited (Joint Broker)
                              +44 (0)20 7220 0500

 

Jonny Franklin-Adams / Tim Redfern

 

Tulchan Communications (Financial PR)
                                           +44
(0)20 7353 4200

Tom Murray / Matt Low / Misha Bayliss / Olivia Lucas
 

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRAFLFFAIELDFIF