LendInvest closed its financial year in style, delivering record originations and signalling a confident start to FY27 as borrower activity picked up following the Autumn Budget.
Full-year originations reached £1.437bn, with H2 alone contributing £774m. The final quarter was the strongest the group has ever posted at £415m, and March set a new monthly high of £196m.
Buy-to-Let lending totalled £917m across the year, also peaking in March, while Short Term Mortgages delivered record quarterly offers of £113m.
Assets under Management climbed to £3.82bn from £3.23bn a year earlier, and Funds under Management rose to £5.48bn.
FY26 is expected to be in line with market expectations despite one-off costs tied to the group’s fifth listed bond issuance. Management also flagged positive operating leverage, with record volumes delivered on a stable cost base. BTL customer retention held firm at 56%, a marked step up on the 35% seen in FY25.
CEO Rod Lockhart said the second half marked “a clear step forward”, citing the platform’s scalability and the establishment of a capital-light model as the foundation for more consistent earnings.
Looking ahead, LendInvest enters FY27 with its largest-ever pipeline and committed funding lined up.
Despite record figures announced on Thursday, the reaction in LendInvest shares was muted, with the shares slipping around 1%. LendInvest has lost about 85% of its value since listing and has never really gained any momentum.