The Right Mortgage & Protection Network has added buy-to-let (BTL) and bridging lender, Lendco, to its panel.
From today, The Right Mortgage’s appointed representative (AR) firms will have access to Lendco’s range of BTL and bridging products covering options for landlord borrowers and property developers.
Lendco has lent over £2bn since it was established in 2018, and focuses on mortgages for a variety of BTL assets including HMOs, multi-unit freehold and leasehold blocks, new-builds and holiday lets.
The lender offers mortgages to individuals, limited companies including SPVs and LLPs, trusts, first-time landlords, and resident and non-resident expats and foreign nationals. In the bridging space, Lendco offers loans for residential, light and heavy refurb, commercial bridges, lands with planning, and semi-commercial.
The Right Mortgage & Protection Network’s head of lending, Victoria Clark, commented: “Landlords and property developers are a key client demographic for many of our AR firms and it’s therefore incredibly important we offer advisers the widest array of product options in this space, so they can provide positive outcomes.
“This is why we’re very pleased to be announcing the addition of Lendco to our lender panel who lend on a large number of assets, and have specialist expertise across the piece to ensure advisers can get the right solution for their property investor clients, whether individuals, limited companies, trusts or expats. We’re looking forward to working with the team at Lendco and highlighting this excellent proposition to our member firms.”
National account manager at Lendco, Sheryl Kirk, added: “We are thrilled to join The Right Mortgage lender panel. This exciting opportunity allows us to provide their intermediaries with a wide range of BTL and bridging solutions for their landlord clients and we are very much looking forward to working with the team at The Right Mortgage over the coming years.”
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