As 2024 draws to a close, we’re proud to look back on what has been a landmark year for Lendhub. From a growing loan book and an expanding team, to streamlining our processes for a seamless borrowing experience, this year has been all about growth, partnership, and innovation.
We want to take a moment to express our heartfelt thanks to our borrowers, brokers, partners, and stakeholders. Your trust and collaboration have been the driving force behind every milestone we’ve achieved, and we look forward to more shared successes in the new year.
Looking ahead to 2025, we’re preparing for a transformative leap forward. Earlier this year, we committed to investing in innovative implementations to our processes by developing a cutting-edge lending platform tailored to the evolving needs of brokers and borrowers. This bespoke solution is designed to address key market gaps and is set to launch in Q2 of 2025, marking a new era for Lendhub and property professionals alike.
In this blog, we’ll recap the highlights that made 2024 an extraordinary year, including our lending achievements, strategic growth, and the introduction of new leadership. Plus, we’ll give you more insight into the platform that’s set to redefine the lending landscape in 2025.
Lending Milestones
Lendhub completed a total of 79 deals in 2024, a 92% increase compared to last year. This achievement reflects our robust lending capabilities and assurance to deliver for our clients, thanks to the hard work of our team and commitment to delivering tailored and reliable finance solutions.
We proudly lent a total of £85 million, 46% more than 2023, showcasing our strengthened market presence and unwavering support for brokers and borrowers alike. This growth highlights our ability to fund projects of all sizes while staying committed to delivering fast, flexible, and competitive financing solutions tailored to our clients' needs.
With these facilities we have proudly supported the development of over 400 residential units across England and Wales, with 70% located in Greater London, playing a key role in meeting the growing demand for housing across the UK.
Client Milestones
We supported over 100 borrowers in realising their investment goals
Helping clients achieve their property goals is what we do best. In 2024, we worked with over 100 trusted borrowers, providing bespoke financing solutions tailored to their property investment needs.
40% of our borrowers returned for additional funding
Trust is the cornerstone of lasting relationships. This year, nearly half of our borrowers chose to partner with us again, reflecting their confidence in our process and customer-centric approach.
One broker shared their experience of how we helped them overcome significant challenges to meet their client’s urgent needs:
“Lendhub turned a complex, time-sensitive case into a success story. Our client was at risk of losing their deposit on their first BTL auction purchase due to an inexperienced conveyancer and escalating challenges. From our first call with Lendhub, we felt in capable hands. Despite the mess, the credit team navigated us through credit committees, valuations, and multiple solicitors with professionalism and speed. In a case where almost everything that could go wrong, did go wrong, Lendhub pulled through for us and it won’t be forgotten!”
Harpreet, Broker
Strengthening Our Team with New Talent and Leadership
This year, we grew stronger by welcoming seven exceptional people to the Lendhub team.
Their expertise across key areas enhances our ability to meet the increasing demand and maintain our reputation for delivering outstanding service.
These new team members include Jaco Liebenberg in Revenue Operations, Caimin Bugler as Junior Credit Manager, and Jack Bruce, Nancie Lawrence, and Nathan Culley as Credit Analysts. Simar Manchanda also joined us as a Portfolio Analyst, further bolstering our ability to manage our live loans effectively.
A major highlight of 2024 was the appointment of Richard Nordgreen as our new Managing Director. With his strategic vision and dynamic leadership, Richard is poised to steer Lendhub toward new opportunities, driving innovation and success for both our clients and our business.
Managing Director of Lendhub
After more than 12 years at Proseed (formerly Chancery St James), I’m truly grateful for the experiences I’ve gained and the relationships I’ve built. It’s been a privilege...
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Company Rebrand and New Website
2024 marked an exciting transformation for Lendhub as we unveiled a refreshed brand identity and launched our new website.
While the rebrand and website are key milestones, they serve as a foundation for something even bigger: the launch of our bespoke lending platform in 2025.
This evolution of our brand and digital presence is designed to complement and support the platform, setting the stage for a game-changing innovation that will redefine the borrowing experience.
Our new website was designed with our brokers and borrowers in mind, offering a streamlined user experience, easy navigation, and a wealth of resources to support their lending journeys. From simplified access to product information to an intuitive design that ensures quick and seamless communication with our team, every element of the site has been tailored to meet the needs of our clients.
Bridging & Development Lender
💥 Introducing Lendhub's new website 💥 We’ve gone beyond a simple redesign. We’ve built an entirely new digital experience from the ground up...
...moreRecognition for Innovation at the Finance Professional Show
The Finance Professional Show at Olympia was a standout event for Lendhub in 2024, thanks to the hard work and creativity of our marketing team, Sav Procopiou (Marketing Manager) and Gabriel Garson Carvalho (Marketing Executive). Their efforts culminated in an award-winning experience that brought in over 70 new leads and secured us some valuable deals.
The recognition for the “Most Creative Stand” was the highlight of the day and a testament to the energy and innovation our marketing team brings to every project.
Beyond the award, the event provided an excellent opportunity to engage with industry professionals, receive positive feedback on our rebrand and new website, and set the stage for future growth.
Marketing Manager at Lendhub
🌟 Highlights from the 2024 Finance Professional Show 🌟 Last week Lendhub exhibited at The Finance Professional Show at Olympia in London, and it was a particularly memorable show, for me especially.
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Looking Ahead: Making Our Mark in the Digital World
At Lendhub, we’re constantly evolving to better meet the needs of our clients. Our new platform is a transformative step into a fully integrated financial ecosystem. By streamlining the lending process and uniting all involved parties, it offers a seamless, efficient, and transparent user experience. This transition to a holistic, tech-driven platform is a key aspect of showcasing our commitment to innovation and responsiveness to market needs.
Borrowers can expect faster response times, real-time updates on their loan status, and a centralised hub to manage all their loan activities in one place. Introducers will benefit from greater efficiency and improved communication between all parties, ensuring a smoother process for their clients.
What sets this platform apart is its focus on giving the customer more control and visibility at every stage. Whether you’re tracking progress, submitting documents, or reviewing terms, everything will be just a click away. By leveraging cutting-edge technology and seamless integrations, we’re creating a smarter, more intuitive way to borrow, ensuring you spend less time on admin and more time focusing on your projects.
Final Thoughts
From record-breaking lending figures to team expansion and recognition for innovation, 2024 has been a remarkable year for Lendhub. As we celebrate these achievements, we want to take a moment to thank our clients for their trust and collaboration. Your support drives our passion for providing creative, reliable, and tailored bridging and development finance solutions.
We also extend our heartfelt gratitude to our incredible team. The hard work, expertise, and dedication they have shown has been instrumental in making this year’s milestones possible.
Here’s to continued success and new opportunities in the year ahead!
