Landbay launches dedicated portfolio buy-to-let team

Landbay has created a portfolio underwriting team specifically to cater for professional landlords who own rental properties in a portfolio of between £2m and £15m.

Related topics:  Mortgages
Rozi Jones
9th March 2022
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"Professional landlords know their business, understand their local markets and who their competitors are. "

The team of five underwriters are all experienced in dealing with large and complex buy-to-let cases.

Working closely with brokers and their clients, members of the team can concentrate on helping portfolio landlords by understanding their business plans and where they sit within their various markets.

James Cooper-Smith, head of the portfolio team, said: “The reception from the market to our portfolio team has been great. Professional landlords know their business, understand their local markets and who their competitors are. If we can tap into that it makes our assessments more accurate and we can tailor our underwriting accordingly.

“Since launching the team, we have seen an increase in landlords coming back to us, via their broker, to finance more properties. Building up relationships is positive for everyone involved, not just for us, but for the broker and landlord too.”

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