And for borrowers seeking a buy-to-let mortgage, Landbay offers very competitive rates and a faster, more rational application process than banks and building societies.
John Goodall, cofounder and CEO of Landbay said:
“Landbay is an important new innovation that will open the door to a much broader cross section of the public to the attractive returns available from investment in Britain’s residential buy-to-let market, a sector that was worth £21 billion in new lending last year alone.”
“The peer to peer finance sector is booming in the UK, having just passed the £1 billion mark. It is great to see Britain genuinely leading the world in unlocking the huge benefits for the consumer of this breath of fresh air in finance.”
