New figures released today reveal that Montello have consistently been lending over £20m each month in the buy-to-let market, with lending growing quarter on quarter.
Montello has been at the forefront of innovation in the sector and with peer-to-peer platform LendInvest, which was ‘incubated’ out of Montello, having funded over £70m of property transactions in its first year of operation.
Christian Faes, managing director of Montello, said: “We are definitely one of the most active lenders in the buy-to-let short-term bridging finance market.
“We now have 7 different avenues for funding our loan book, and whilst short-term bridging finance is very much at the core of Montello is about, we have moved to become a mainstream real estate lender.
“We are seeing excellent in-flows to our Montello funds, and LendInvest is becoming extremely popular with investors.
“As a result, it is fair to say that we have a very healthy appetite for financing real estate transactions throughout England, and will continue to grow our loan book in this opportune environment.”