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Peer2Peer Finance News | May 22, 2018

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Landbay signs up to broker portal Criteria Hub

Landbay signs up to broker portal Criteria Hub
Suzie Neuwirth

LANDBAY, the buy-to-let specialist, has signed up to mortgage broker portal Criteria Hub.

60 lenders have signed up to Criteria Hub, meaning that their mortgage criteria is easily accessible to mortgage advisers.

The broker portal launched a new search facility for buy-to-let mortgages last month, which offers the same search service that it provides for residential mortgage criteria.

Read more: Landbay extends lending to first-time landlords

“The specialist buy-to-let lending market is developing more quickly than any other time I can remember,” said Paul Brett, managing director – intermediaries at Landbay.

“So quickly in fact, that for advisers it is sometimes difficult to access the idiosyncrasies surrounding criteria and that is why we have been so impressed with Criteria Hub. Their platform makes it so easy to interrogate the mass of data that makes up criteria from the increasing number of lenders and products in the specialist lending space.”

Read more: Landbay’s record £10m month of lending

Jason Hegarty, director at Criteria Hub, added: “Our penetration of the lender market is gathering pace and we are delighted to welcome Landbay to our platform, adding their distinctive profile to our database of criteria. Paul and his team have been particularly supportive of the service we are providing to busy advisers and we are looking forward to covering the whole market in the months to come.”

High street banks Barclays, HSBC, NatWest and TSB are among the other lenders signed up to Criteria Hub, as well as challengers Metro Bank, Aldermore and Virgin Money.

Read more: Landbay now offering mortgages of up to 25 years