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Peer2Peer Finance News | June 24, 2018

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buy-to-let mortgage

Landbay raises £1.6m in latest Seedrs funding round

April 19, 2018 |

PEER-TO-PEER lender Landbay has raised £1.6m in its sixth round of equity crowdfunding on the Seedrs platform, as the company reaffirms its ambition to become profitable by the end of the year.

Landbay, which specialises in buy-to-let mortgages, caught the … Read More

Landbay signs up to broker portal Criteria Hub

February 15, 2018 |

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 … Read More

Portfolio landlords struggle to get mortgages after tougher PRA rules

January 23, 2018 |

BUY-TO-LET landlords with several properties are finding it harder to secure mortgages since tougher lending rules were introduced last year by the Prudential Regulation Authority (PRA), new research shows.

Nearly three-quarters of UK portfolio landlords have since struggled … Read More

Landbay now offering mortgages of up to 25 years

November 20, 2017 |

LANDBAY is now offering mortgages of up to 25-year terms and expects to attract more borrowers as a result.

The peer-to-peer lender, which specialises in buy-to-let mortgages, said that the change is in response to feedback from its network of … Read More

Landbay unveils new hires after record month of lending

October 2, 2017 |

LANDBAY has reported a record month of lending in September, channelling £6.31m across 31 buy-to-let mortgages.

The peer-to-peer finance platform said on Monday that last month’s lending levels were higher than the two previous months combined, due to increased investment … Read More

Politics and inflation are putting pressure on rental growth, says Landbay CEO

June 7, 2017 |

LANDBAY chief executive and founder John Goodall (pictured) has warned that the slowdown in UK rental growth shows that political uncertainty and affordability pressures are causing consumers to feel the pinch.

UK rents grew by just 0.02 per cent in … Read More

Landbay introduces retention fee for intermediaries

May 15, 2017 |

LANDBAY has announced that its intermediaries will now receive a retention fee for all customer renewals.

The peer-to-peer lender, which specialises in buy-to-let mortgages, said that it introduced the 0.3 per cent fee because of its ongoing recognition of … Read More

Landbay partners with mortgage packager Brilliant Sollutions

March 7, 2017 |

LANDBAY has partnered with mortgage packager Brilliant Solutions to provide its brokers and their professional landlord clients with access to its buy-to-let (BTL) finance products.

The peer-to-peer lender, which recently launched its Innovative Finance ISA, has a new online … Read More