UK property investment platform London Stock Exchange backed £49.6m ( £49.6m ) in short-term property loans in the seven months after launching its first £500m LendInvest Secured Income bond in March 2018 , according to financial data. It generated a profit before tax of £6,000 during the period. LendInvest , which launched a first London Stock Exchange -listed bond in 2017 , also saw a profit of £1.8m for the 2018 financial year , compared to a £1m loss in 2017 .
UK property investment platform London Stock Exchange backed £49.6m ( £49.6m ) in short-term property loans in the seven months after launching its first £500m LendInvest Secured Income bond in March 2018 , according to financial data. LendInvest , which launched a first London Stock Exchange -listed bond in 2017 , also saw a profit of £1.8m for the 2018 financial year , compared to a £1m loss in 2017 .