Landbay, the buy-to-let mortgage lender, today announces its partnership with The Financial Intermediary & Broker Association (FIBA), providing brokers and their landlord clients with 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. The Association’s intermediaries will also have access to Landbay’s innovative 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 need to be flexible and expert to meet the needs of intermediaries and landlords alike. This partnership with FIBA demonstrates Landbay’s commitment to supporting the mortgage market in the UK. It follows a successful 2019 for Landbay, as the firm achieved a 200% rise in lending volumes and saw staff numbers swell by almost 70%. This partnership is part of the strategic growth of the company, which expects to significantly grow its lending operation across 2020.
Paul Brett, Managing Director of Intermediaries at Landbay, commented:
“We are delighted to be working with Adam and FIBA members. Our sales team and inhouse 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.”
Adam Tyler, Executive Chairman of FIBA, commented:
“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. I have been particularly impressed with their online platform which improves access and streamlines the mortgage process. Their unique blending of technology with the experience and knowledge of their staff make Landbay a perfect fit for FIBA members looking for the best results for their customers.”