In addition to this, the firm has also joined industry body Fintech Scotland to lend its expertise to the region's fintech sector.

Following the launch of the new office, LendInvest is now recruiting for technology roles, as well as new members for its Scotland-based credit and operations team.

This is part of the company’s expansion strategy to meet increasing borrower demand for its products across the whole of the UK.

“It has always been our intention to be a lender that brings smart and progressive technology to mortgage deals throughout the UK,” said Rod Lockhard, CEO at LendInvest (pictured above).

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“Making Scotland the first UK office for the company outside London sets the foundations for the sort of expansion we are envisaging. 

“We’re excited to join our existing Scotland-based employees for the launch event, and soon welcome new colleagues on board as we ramp up our operations in the area.”

Nicola Anderson, chief executive at FinTech Scotland, added: "It is fantastic to welcome LendInvest to Scotland and have the business involved in the FinTech Scotland SME community.

“The inclusive focus of Lendinvest's service is another great example of fintech innovation driving purposeful change to enhance outcomes for people and society, while supporting the changes needed to help achieve our net zero ambitions — we're looking forward to working with the team."

The news follows the launch of LendInvest’s new HMO product for first-time landlords earlier this year.

The lender also expanded the size of student lets it supports around major Scottish universities, and enhanced its range to accept HMO and MUFB applications on the Tier 2 range.