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Green Products and Growth | BTL Review 2021 & 2022 Preview

Green Products and Growth

Green products and growth 

 

Andy Virgo
Director for BTL, Andy Virgo at LendInvest
Andy Virgo, Buy-to-Let director at LendInvest, reflects on the past year. He highlights pivotal moments and accomplishments shaping the company’s trajectory. The focus is on Green Products and Growth.

LendInvest has shown resilience and adaptability during a year of unprecedented challenges and opportunities. Virgo explains how the company navigated the evolving real estate market. They adapted to changing customer needs and market dynamics while prioritising Green Products and Growth.

Moreover, he hints at what LendInvest has planned for 2022. There are exciting developments, innovative solutions, and strategic initiatives ahead. These will continue to set LendInvest apart as a leader in the financial and real estate sectors, strongly emphasising Green Products and Growth.

Stay tuned as we explore LendInvest’s past, present, and future in this conversation with Andy Virgo. We will discuss the pivotal role of Green Products and Growth in the company’s journey.

Reviewing 2021 | What were the market challenges for you and your team?

Starting another lockdown in January meant many challenges from 2020 until this year. Remote working caused mental and logistical problems. The continued isolation from colleagues, clients, and partners emphasised the importance of adaptability and resilience.

However, after months of practice, we became used to providing our brokers with the best Buy-to-Let proposition in these circumstances.

Our team’s dedication and determination shone through as we learned to navigate the intricacies of remote collaboration and communication. Although it was disappointing that we were unable to meet intermediaries for months, we stayed connected through virtual and, eventually, physical events and meetings.

These challenging times tested our bonds and allowed us to develop innovative ways of conducting business and maintaining relationships. This strengthened our commitment to delivering top-notch services to our clients.

Green Products and Growth | What were the successes?

Delivering significant growth in the number of products for landlords has been a pivotal strategy for LendInvest. It caters to the diverse needs of property investors and fosters healthy market competition. This approach empowers landlords with more options to suit their specific investment goals. Whether seeking traditional buy-to-let mortgages or exploring innovative financing solutions, landlords benefit.

Consequently, by promoting diverse products, LendInvest has enriched its portfolio. This strategy has solidified its reputation as a versatile and customer-centric lender.

Introducing the new EPIC range represents a significant milestone in LendInvest’s journey. This innovative product line has raised the bar for convenience, flexibility, and competitiveness. It sets a new industry standard. By continuously adapting to the evolving needs of property investors, LendInvest shows its commitment to cutting-edge solutions. These solutions meet the demands of a dynamic real estate market.

Furthermore, LendInvest’s venture into Holiday Lets marks an exciting expansion. This move acknowledges the growing popularity of short-term property rentals. It positions LendInvest at the forefront of this emerging trend. This strategy also showcases the company’s willingness to embrace new opportunities. Diversifying its lending services allows it to cater to a wider range of borrowers.

What is the thing you are most proud of?

The continued strong growth of the loan book and the teamwork that contributed to enhancing the BTL proposition in the eyes of landlords and brokers alike have been instrumental in our journey. As we steadily expand our presence in the Buy-to-Let market, it’s apparent that our commitment to excellence and innovation is paying off.

Our dedication to customer service, tailored lending solutions, and market expertise have fostered trust and loyalty among our clients and solidified our position as a reliable partner in the real estate investment landscape.

Reflecting on the number of weekly applications, it’s incredible to think we are only four years into our Buy-to-Let journey. This remarkable growth is a testament to our team’s hard work and the market’s brand recognition. We are proud of our milestones and look forward to continued success and expansion in the years ahead.

We focus on delivering value to our clients, meeting their evolving needs, and staying at the forefront of the Buy-to-Let market. With the dedicated team and unwavering commitment, the future holds even more promise and opportunity for our organisation.

Looking ahead to 2022 | What do you expect the market to look like in 2022?

On green products and growth, there has been plenty of focus on products that incentivise or reward landlords for minimising emissions or maximising the efficiency of their BTL portfolio as we draw ever closer to the 2025 EPC deadline.

Green Products and Growth | What might the challenges be?

Well, it certainly won’t be issues with funding or support from across the business or a lack of focus, energy, or desire to enhance our tech for the good of applicants and brokers alike.

I don’t think Landlords will take the year off either as they venture into new asset classes, grow and incorporate portfolios or consolidate, ready to attack when the time is right. As lenders, we must match those ambitions with the right products and incentives.

Green Products and Growth | What’s one thing you hope to achieve? 

We aim to continue our journey towards being firmly considered the broker/landlord BTL Lender of choice and to innovate through new products, criteria, and services.

Please take a look at our But-to-Let rates and offers here.

What does Connect Mortgage Network offer?

You can find a synergy between green products and growth with Connect that goes beyond environmental sustainability.connect for intermediaries

As a dedicated mortgage network, our primary mission revolves around delivering comprehensive assistance and support to our mortgage advisers, ensuring they successfully attain their business goals. Embracing a commitment to excellence, we transcend the role of a mere service provider and become your trusted partner to secure the right products for your clients.

Within our network, you’ll find a wealth of resources and expertise readily available to guide, foster development, facilitate growth, and empower you through every phase of the mortgage writing process. Your triumph is our ultimate objective, and we stand by your side to offer abundant lender options, such as specialised lenders such as Lendivest, all while providing exceptional service and expertise in the continually evolving mortgage landscape.

We’ve reached the end of our publication on “Green Products and Growth.”  Until next time, stay Connect!”

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