Landbay teams up with Primis Mortgage Network

By Aisling Finn on Monday 12 October 2020

Alternative Lending

Primis’ broker network will be able to access Landbay’s extensive buy-to-let mortgage platform.

Landbay teams up with Primis Mortgage Network
Image source: Paul Brett/Landbay

Buy-to-let mortgage lending platform has today announced a new collaboration with Primis Mortgage Network, one of the largest mortgage and protection networks in the UK. 

The partnership will allow Primis’ brokers and their landlord clients to access Landbay’s buy-to-let mortgage products through its platform. 

Primis’ broker network will also have direct access to Landbay’s underwriting team as well as being able to make quick decisions using the fintech’s two-minute decision principle (DiP). 

Paul Brett, managing director of intermediaries at Landbay, said: “A partnership between Landbay and Primis will benefit all Primis brokers who deal with specialist buy-to-let – particularly during this time of the stamp duty holiday.” 

“This partnership with one of the UK’s largest and most prestigious networks shows that Landbay is increasingly the go-to lender for brokers with clients who are buy-to-let landlords and investors.” 

Since 2014, Landbay has lent over £625m to date, funding over 2,500 mortgages with a total property value of £837m. 

Toni Smith, chief operating officer at Primis Mortgage Network, says, “Introducing Landbay to our lender panel is a fantastic way to give our members access to expert, competitive and innovative products combined with cutting-edge technology.” 

“This will help them to process applications more quickly and keep abreast of what is happening with their clients’ cases. The buy-to-let landscape is getting ever more complex, and we are continually striving to meet the evolving demands of our clients – Landbay is a fantastic partner to help us meet that goal.” 

Earlier this year, it was revealed that Landbay had teamed up with an unnamed bank, securing fresh cash from the mystery funder.

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