Landbay has announced a new partnership with the Financial Intermediary & Broker Association (FIBA) to provide brokers and their landlord clients with access to its specialist lending products.
The arrangement will provide FIBA’s brokers with access to a range of products for portfolio landlords, HMOs, MUFBs, first-time landlords, limited companies and new build properties.
FIBA’s intermediaries will also have access to Landbay’s innovative online intermediary portal, which includes case tracking features and a property portfolio key.
FIBA executive chairman, Adam Tyler, commented: “Landbay has established its pedigree conclusively through its commitment to providing a buy-to-let (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.”
The partnership with FIBA comes after Landbay, the BTL mortgage lender, achieved a 200% rise in lending volumes, and saw staff numbers increase by almost 70%. Landbay indicated the partnership is part of the strategic growth of the company, which is expecting to significantly grow its lending operation in 2020.
Landbay managing director of intermediaries, Paul Brett, added: “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.”
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