Lenuity Overview
- Headquarters
- Idealondon, United Kingdom
- Industry
- Financial Services
- Employees
- 6
- Founded
- 2021
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
Keywords
About Lenuity
We help landlords repurpose rental properties into affordable homes for first-time buyers Lenuity is an award-winning fintech mortgage lender, increasing the housing supply through financial innovation. The UK is experiencing a housing crisis with a chronic shortage of quality affordable housing. Housebuilders face major challenges in finding land and securing planning permission; the process takes a long time, requires specialist skills, and often the result is small, expensive homes far from family, friends and work. England has over 2.8 million private landlords. The right thing to do is to turn some of these rental properties into affordable homes to help first-time buyers. Lenuity can achieve this through a financial innovation with a suite of products designed to enable landlords to profit from helping first-time buyers by repurposing rental properties into owner-occupied homes through shared ownership. By helping landlords who are struggling with high interest rates, new regulations, and rising taxes, we can help first-time buyers and unlock a large supply of well-located homes for people looking to get onto the housing ladder.
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