Highlights

  • Panmure Liberum has issued a buy rating on LendInvest plc with a target price of GBX 80.
  • The rating places focus on LendInvest’s position within the UK alternative property finance market.
  • The coverage coincides with the company’s latest half-year financial update.

Shares of LendInvest plc (LSE:LINV) came under market attention after Panmure Liberum issued a buy rating on the company, assigning a target price of GBX 80.

LendInvest is a UK-based alternative property finance platform, operating across mortgage lending and structured property finance. The company serves professional Buy-to-Let landlords, homeowners, property developers, and investors through its two core divisions: LendInvest Mortgages and LendInvest Capital.

Business Model and Market Presence

The LendInvest Mortgages Division provides both long-term and short-term mortgage products, catering to a range of borrower profiles. Meanwhile, the LendInvest Capital Division focuses on larger and more structured financing solutions, primarily aimed at property developers and institutional investors. The group operates a technology-enabled platform designed to originate, manage, and distribute property-backed loans.

This operating structure positions the company within the UK’s alternative lending landscape, where non-bank lenders continue to play a role in property finance alongside traditional institutions.

Half-Year Financial Update for FY26

LendInvest recently reported unaudited results for the six months ended 30 September 2025. During the period, the group remained profitable for the second consecutive half-year, marking a continuation of the momentum established earlier.

Adjusted EBITDA for the six-month period rose to GBP 3.7m. Profit before tax stood at GBP 1.2m, compared with a loss before tax of GBP (2.4)m in the corresponding period of FY25. The group also reported profit after tax of GBP 0.9m for the half-year.

New lending during the period increased by 23% to GBP 663.6m. This growth was supported by operational processes designed to improve efficiency and productivity across lending activities.

Funding Position and Platform Scale

As of 30 September 2025, LendInvest reported Platform Assets under Management of GBP 3.45bn, representing a 17% increase. Funds under Management reached GBP 5.31bn, providing unutilised funding facilities of GBP 1.87bn.

Subsequent to the reporting period, the company completed its seventh consecutive RMBS securitisation, comprising GBP 270m of mortgages along with GBP 40m of pre-funding for UK prime mortgages. LendInvest also completed its fifth retail bond issuance, raising GBP 75m to support lending activity and refinance shorter-term debt.

Outlook and Market Attention

Management indicated that performance for the full financial year remains aligned with market expectations, despite a temporary slowdown in property purchase activity ahead of the November Budget. The company continues to focus on scaling lending volumes and maintaining profitability.