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First Complete buys stake in digital buy-to-let broker

Houses, house, property, monopoly

First Complete has bought a minority stake in digital buy-to-let broker Property Master.

Property Master uses algorithms to match landlords to more than 90 lenders offering 2,000 buy-to-let mortgages.

The firm launched four months ago.

Property Master chief executive Angus Stewart says: “This investment by LSL will help to accelerate the growth and capability of Property Master and assist in providing more choice to landlords in the buy-to-let mortgage market.”

LSL director of mortgage services David Copland says: “We are looking forward to working with the Property Master team.

“We recognise the structural changes occurring within the mortgage industry and see Property Master’s technology as a key enabler of future change.”

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