LendInvest (LSE:LINV), the UK alternative property finance platform, said in an H2 trading update for the year ended 31 March that FY26 performance is expected to be in line with market expectations despite one-off costs related to its fifth listed bond issuance.
The Group reported total FY26 originations of £1,437m, including H2 originations of £774m, record quarterly originations of £415m in Q4 and a record monthly run rate of £196m in March.
Buy-to-Let originations totalled £917m in FY26 and Short Term Mortgages delivered record offers of £113m in Q4.
The company said the second-half performance reflected strong demand and conversion of pipeline following the Autumn Budget and that it enters FY27 with its largest pipeline to date and committed funding facilities to support growth.
Assets under management increased to £3.82bn (FY25: £3.23bn; H1 FY26: £3.45bn) and funds under management rose to £5.48bn (FY25: £5.13bn; H1 FY26: £5.31bn).
LendInvest said it is showing positive operating leverage through record volumes and a stable cost base, and reported a BTL customer retention rate of 56% in H1 FY26 versus 35% in FY25.
The Group said it has not been impacted by issues relating to Market Financial Solutions and that a double-pledging review by its largest funder confirmed every loan is uniquely allocated.
“We are entering FY27 with momentum and confidence in our ability to continue scaling the platform and delivering sustainable profitability,” Rod Lockhart, Chief Executive Officer, said.
The Group expects to announce audited FY26 results in July and said its Chief Capital Officer was dismissed in March for non-financial conduct, with his responsibilities absorbed by senior leadership and the Capital Markets and Treasury teams.
