6 years ago
Landbay Secures £1 Billion Funding to Fuel Buy-to-Let Lending Growth
Landbay, a UK-based fintech company specializing in buy-to-let lending, has secured a £1 billion funding agreement with a leading financial institution
This funding will support Landbay's plans to significantly grow its buy-to-let lending over the next two years
The company has seen lending volumes rise by 200% over the last 12 months, with a 0% default rate
Landbay focuses on the professional segment of the buy-to-let market, which is growing significantly as the regulatory landscape evolves.
ProblemFinancial Services
"Buy-to-let landlords struggle to secure mortgages from traditional lenders due to increasing regulations and complex application processes."
Solution
"Landbay provides a technology-driven platform that streamlines the buy-to-let mortgage process, making it easier for landlords to access funding."