Its rating is based on a number of key factors including corporate governance, internal controls, due diligence, data disaster mitigation and the financial health of the company.

The agency affirmed for a sixth year its SQ1 Servicer Quality Rating for LendInvest following a comprehensive review of the company. In particular, the agency assessed and rated the processes used by LendInvest to underwrite and service property loans.

ARC’s review this year included recognition of LendInvest’s financial strength as a result of the company’s recent IPO in July, and third successful securitisation of £280m of Buy-to-Let loans that was oversubscribed and received the tightest spread on an RMBS transaction since 2007.

The rating agency commended LendInvest’s approach to handling the Covid-19 crisis with regards to its forbearance procedures over the last year, reporting it’s satisfaction with the processes and procedure in place.

Rod Lockhart, chief executive officer of LendInvest, added: “It’s been a huge year already for LendInvest. Receiving this rating just weeks after our listing on the London Stock Exchange is exemplary of the hard work the team put in to deliver the best experience for our customers.

“This is the seventh year the business has received the highest possible rating from this hugely respected rating agency, and is the best vote of confidence in the platform and internal processes that we have developed.”