Landbay sees sharp rise in lending volume

Landbay sees sharp rise in lending volume

Todays other news
A long term rise in the number of young people...
The claim comes from property comparison service Compare My Move...
Some 60% of the UK housing stock needs improved energy...


Landbay has achieved a rather impressive 200% growth in lending volumes over the past 12 months. 

The buy-to-let lender reports that recent tax changes have fuelled an increase in demand for mortgage products catering to incorporated and limited liability partnerships.

John Goodall, founder and chief executive at Landbay, which recently became an institutional only platform after closing its retail investment arm and exiting the peer-to-peer lending market, commented: “Against a background of political and economic uncertainty, Landbay’s growth in 2019 is even more gratifying.

“It’s clear brokers value our service record alongside the experience of our team and our suite of buy-to-let products.

“As a business we’re focussed on continuing to evolve and develop our proposition.”

“Landbay is focussed on 2020 as we exclusively partner with institutional investors to support the UK’s vital PRS,” he added. 

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Landlord Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
The Buckinghamshire Building Society does not lend to portfolio landlords...
A prominent buy to let mortgage lender has issued an...
Savills gives investors exclusive access to new build buy to...
It's a new product from the TSB...
The tenant was in hospital when he was evicted illegally...
The controversial proposal is backed by the Welsh Government...
A mortgage chief is warning that thousands of buy to...
Recommended for you
Latest Features
A long term rise in the number of young people...
The claim comes from property comparison service Compare My Move...
Some 60% of the UK housing stock needs improved energy...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here