MIDAS SHARING TIPS: LendInvest’s 11.5% interest may not be too good to be true
The latest bonus from a real estate company. LendInvest It’s surprisingly generous. Offering interest of 11.5 percent annually, it may seem too good to be true to investors.
A closer look offers some reassurance. LendInvest uses smart technology to deliver mortgages and loans quickly. The terms aren’t cheap, but they work for professional real estate investors eager to close deals quickly, often after an auction.
With a history of 15 years, LendInvest has issued several bonds in recent years, most paying interest between 5 and 6 percent.
The latest transaction offers 11.5 percent interest for one simple reason: That’s the kind of rate big investors demand for bonds.
And the LendInvest deal is open to both large institutions and individuals, with the same terms offered to both.
Generous: The LendInvest deal is open to both large institutions and individuals, and the same terms are offered to both.
The bonds will mature in 2026, trade on the London Stock Exchange’s retail bond market and interest will be paid twice a year.
Importantly, the transaction is secured by a portfolio of bridging loans, an area LendInvest knows particularly well.
Midas Verdict: LendInvest bonds are not for the cautious, but the interest payments are attractive and comfortably outperform inflation and other savings rates. An attractive bet for adventurous investors.
Traded in: LSE Retail Bond Market Heart: LIV4 Contact: lendinvest.com or 020 3747 4188
