LendInvest plans new product launches amid eco drive
LendInvest is planning to launch new products early next year and has highlighted that energy efficiency will be the focus for developers, bridging investors and landlords.
Sales director Leanna Smith said that the online property lender will continue to operate in this area by incentivising landlords to invest in green properties and supporting developers and refurbishment investors to continue upgrading their properties.
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“[We hope] to continue expanding our place in the market with new products launching early in the year, and making accessing all of our products much easier through technology and growing out the portal,” Smith said in a blog on LendInvest’s website.
“Despite not going into a full lockdown since early 2020, Covid will continue to loom large over the market as brokers, borrowers and homeowners continue to adapt.
“Around that though, much of the landscape will continue on the needs and trends of this year. Energy efficiency and green products will be on the top of the agenda for developers, bridging investors and landlords with Energy Performance Certificate ratings needing to be a C in all new tenancies by 2025, and in all tenancies by 2028.
“We will continue to operate in this space by incentivising landlords to invest in green properties and supporting developers and refurbishment investors to continue upgrading their properties.”
Smith said that lenders have to be flexible around any potential supply chain problems and the impact of high volumes on legal and valuers, and make sure they have the capacity to deal with it.
She said despite the rental landscape still changing, opportunities in central London should begin to grow again for both residential and commercial needs.
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“Supporting young professionals and first-time buyers next year will be key,” she added. “This includes houses in multiple occupation with good amenities and affordable first homes.