Specialist lender Landbay has joined Sesame and PMS Mortgage Club’s panels.
Alongside Landbay’s online intermediary portal, which includes case tracking, intermediaries will be able to access products aimed at portfolio and first-time landlords, limited companies, new build properties, HMOs and MUFBs.
Landbay managing director of intermediaries Paul Brett says: “We are hitting new lending records every month, and this is largely driven by a surge of demand from those affected by last year’s PRA underwriting rules.
“Mainstream lenders are now less well equipped to deal with complex cases, so brokers are shifting towards specialist lenders who can offer greater flexibility. Working with Sesame and PMS will enable us to expand our support to a wide range of brokers across the UK, and offer our services to those who would benefit from our expertise.”
Meanwhile, Sesame and PMS specialist relationship manager Stephanie Charman comments: “[Landbay’s] tailored and specialist approach will be extremely valuable to our members, especially given the ever more complex buy-to-let market.”