Landbay, the buy-to-let mortgage lender, has joined forces with The Financial Intermediary & Broker Association (FIBA) to provide landlords using certain mortgage brokers access to its specialist lending products.
The agreement offers FIBA’s brokers a range of products appropriate for portfolio landlords, HMOs, MUFBs, first time landlords, limited companies and new build properties.
Adam Tyler, executive chairman of FIBA, said: “Landbay has established its pedigree conclusively through its commitment to providing a BTL service to meet the needs of brokers and their landlord customers in a changing market.”
The Association’s intermediaries will also have access to Landbay’s online intermediary portal, which includes case tracking features and a property portfolio key.
As the regulatory and economic landscape of the buy-to-let market becomes more complex, lenders are looking to be flexible to meet the needs of intermediaries and landlords alike.
Paul Brett, managing director of Intermediaries at Landbay, commented: “We are delighted to be working with Adam and FIBA members.
“Our sales team and in-house specialists are not only primed to help with enquiries and deliver a smooth customer journey, but also to aid with training and help develop knowledge and understanding of the opportunities in the sector. We are looking forward to supporting FIBA members in 2020 and beyond.”