Peer-to-peer lending for buy-to-let mortgages
Job no longer available
Peer-to-peer lending for buy-to-let mortgages
101-200 employees
Job no longer available
101-200 employees
Creating a more accessible buy-to-let mortgage marketplace for investors, borrowers and brokers.
Desirable
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Oct 2021
$4.4m
Dec 2020
$7.5m
Peer-to-peer lending has become a huge market. Starting with loans for consumers and businesses, Landbay was one of the first companies to bring peer-to-peer lending to the property market.
Returns from traditional saving accounts have been cut significantly in the last decade due to record-low interest rates, so retail investors are chasing higher returns from alternative investments. Landbay overturns this pain point by matching the supply of retail investors with the demand for loans for buy-to-let properties.
They've managed to scale a lot in recent years, and have secured a huge £1bn debt facility, enabling them to provide more loans. Further, a recent partnership with Atom, a Durham-based neobank, will fund Landbay's prime residential buy-to-let mortgages, facilitating the growth of both companies.
Freddie
Company Specialist at Welcome to the Jungle