Landbay, the buy-to-let mortgage market that leverages the latest Fintech and claims to be one of the fastest-growing tech firm in Europe, notes that 2021 started in the middle of a lockdown and at that time, no one would have “wanted to bet on prospects for the immediate future.”
Fast forward to December 2021 and Landbay was pleased to report that they has had an “exceptional” year.
Landbay wrote in a blog post that they were fortunate to have “already invested heavily in a fully online process, enabling [them] to continue working remotely.” They were able to “move out of lockdown and provide the products and service to help [their] introducers really take advantage of the purchase frenzy helped by the SDLT holiday.”
Landbay further noted that they have “experienced another year of strong growth in which [they] passed the £1billion mark of lending since launch, as well as growing [their] team, both office and field based.”
Landbay added that they’re 11th in the list of the 1000 fastest growing European companies according to the FT, as well as having been “rated 6th in Deloitte’s Technology Fast 50 UK companies, celebrating innovation and entrepreneurship in 2020.”
The company added that their introducers have given them and their proposition “a big thumbs up this year in two ways.” Firstly, by voting for them at this past season’s Awards functions which resulted in Landbay winning a number of accolades.
The firm also noted that their service has been appreciated and their Trustpilot score now stands at 4.8 out of 5.0.
Landbay added:
“One of a number of pioneering initiatives this year has been that of delivering green BTL mortgages in the BTL space. We launched our first portfolio in June this year to general acclaim and have continued to refine our offering, as many of our peers are still trying to catch up.”
The company further revealed that they’ve established key relationships with new funders, Atom Bank and Allica Bank, during 2021, which gives them “more capacity to fund your loans” in 2022.
The company also noted:
“In 2022, we are not going to rest on our laurels. Product innovation and technology investment to further improve the user experience remains at the heart of our strategy. Our investment in our team also means that you will have the best combination of human and technological expertise to help you write more business in the year ahead.”
For additional information or to discuss your BTL cases, you may get in touch with the firm by using their BDM finder.