subscribe(at)      +44 (759)-976-2285

FCA authorises peer-to-peer bridging lender

12/6/2016 12:00:00 AM   0 Comments   bridging loans, buy to let

The buy-to-let (BTL) and bridging loans marketplace was granted regulatory approval following a 24-month application process.

LandlordInvest has now applied to HM Revenue & Customs to become an Isa manager capable of offering the Innovative Finance Individual Savings Account (IFIsa).

Only firms authorised by both regulators are permitted to offer the IFIsa product.

Filip Karadaghi, chief executive of LandlordInvest, said: “We are delighted to have reached this important milestone, ahead of many larger peer-to-peer lending platforms that are still operating under an interim permission.

“Full FCA authorisation means that we have proved to the regulator that we are able to meet its high threshold standards and have the appropriate regulatory and operational infrastructure in place.

“Our next milestone is to be able to offer the IFIsa, which we believe will benefit savers given the low interest rate environment and low returns.”

LandlordInvest expects to receive a green light from HMRC over the next few weeks and, if granted, will offer the IFIsa directly through its lending platform.

The firm will be looking to offer tax-free returns between 5-10% per annum.

“In addition to higher potential returns, the IFIsa is a valuable addition in a diversified portfolio, especially if it is not correlated with the stock markets, which our IFIsa would not be,” Filip added.

LandlordInvest offers BTL loans of between £30,000-750,000 for terms of up to five years.

Borrowers may also apply for short-term bridging loans with a maximum term of 18 months.

Alex Lynn
Read Article

Recent Articles

News item number 83

Bridging lending reaches £2.8bn in 2016

2/21/2017 12:00:00 AM - 0 Comments
Bridging lending reaches 2.8bn in 2016
News item number 48

Multi-property buy-to-let owners face squeeze

11/11/2016 12:00:00 AM - 0 Comments
New rules from September 2017 will hit landlords with several properties in their portfolio
News item number 56

Bridging activity falls by 17.4% in Q3: ASTL

11/14/2016 12:00:00 AM - 0 Comments
The value of bridging loans written fell in Q3, although the total amount written during the year has continued to rise significantly, according to the latest data survey of ASTL members.


Bridging4U is a souce of information for property investors and buy to let landlords to keep up to date with what is happening with the property and buy to let bridging loan market and the latest trends.

  Recent Images
thumbs 34 thumbs 35 thumbs 36
thumbs 37 thumbs 38 thumbs 39
thumbs 46 thumbs 47 thumbs 48
  Contact Us
  Bridging 4 U

High Street,
Royal Wootton Bassett, Wiltshire. SN4 8FP.

Tel : + (0759) - 976 2285
Mail :
Business Hours : 9:00 - 9:00

Copyright © 2015 - 4 You Media Ltd

Visitors: 259850