Specialist Buy-to-Let (BTL) lender Landbay has partnered with the Next Intelligence mortgage club, Mortgage Intelligence, Mortgage Next and FYB Network brands.
This new partnership will provide mortgage brokers and their landlord clients that are Mortgage Intelligence members to Landbay’s specialist lending products.
The new partnership will enable Mortgage Intelligence to offer brokers a greater variety of products that are suitable for portfolio landlords, HMOs, MUFBs, first time landlords, limited companies and new build properties. Appointed representatives and directly authorised members will also have access to Landbay’s online intermediary platform, which provides case tracking capabilities and a property portfolio key.
Commenting on the partnership, Landbay managing director of intermediaries Paul Brett said: “There is no doubt that our progress is driven by a surge of demand from those struggling with the crack-down on regulation in the buy-to-let market, together with our ability to support intermediaries by offering direct access to our underwriters and also a genuine commitment to high levels of customer service.
“Working with Next Intelligence further grows our distribution base and increases the number of borrowers who can benefit from our products.”
This partnership comes off the back of Landbay’s recent announcement of a new £1bn funding line.
The BTL market today is drastically different from just two years ago; mainstream lenders are now recalculating their commitment to the BTL market, therefore bolstering the position of specialist lenders such as Landbay, which are able to offer BTL mortgage products that close the gap between mainstream and commercial lenders, exclusively via intermediaries.
Next Intelligence managing director Sally Laker added: “We are delighted to be working with Landbay, a partnership which supports our ambition to provide to our customers with the best level of service and support. The company’s personalised and specialist approach will be invaluable to our club and network members, particularly given the ever more multifaceted buy-to-let market.”
Latest News
-
Inflation remains at 3.8% in August
-
UK house price growth slows to 2.8% in July – ONS
-
Third of UK adults relying on inheritance to fund retirement
-
Govt has failed to act on lifetime ISA recommendations – Treasury Committee
-
Becketts acquires Swallow Financial Planning
-
‘Fear of rejection’ biggest barrier for one in three aspiring buyers
The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.
Helping the credit challenged get mortgage ready
A rising number of borrowers are finding it harder to access mortgages due to being credit challenged - whether that’s from historic debts, a county court judgment, or having little to no credit history.
In the latest episode of the Mortgage Insider podcast, Phil Spencer is joined by Eloise Hall, Head of National Accounts at Kensington Mortgages, and Alastair Douglas, CEO of TotallyMoney.
In the latest episode of the Mortgage Insider podcast, Phil Spencer is joined by Eloise Hall, Head of National Accounts at Kensington Mortgages, and Alastair Douglas, CEO of TotallyMoney.
The future of the bridging industry and the Autumn Budget
MoneyAge content editor, Dan McGrath, is joined by head of marketing at Black & White Bridging, Matt Horton, to discuss the bridging industry, the impact of the Autumn Budget and what the future holds for the sector.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories