New B2L lender eyes launch

Technology-Tech-Currency-Money-700x450.jpg

A new buy-to-let lender called Zest Mortgage is looking to launch later this year, Mortgage Strategy understands.

It is understood Zest will launch into the buy-to-let market within the next six to nine months and is claiming to have a heavy focus on technology, although there is little detail at present.

The lender, which was set up on 16 November 2015 and is registered to a business centre in Nottingham, appears to have no capital yet, according to Companies House filings.

According to Companies House, René Reimer is director of Zest Mortgages, John Robinson is chief technology officer and Christopher Slater is chief operating officer.

Robinson and Slater are founders and partners of consultancy firm International Risk Partnership, which specialises in credit analytics.

Two other companies, Zest Finance and Zest Capital, were set up on the same day as Zest Mortgage and operate from the same office.

Reimer and Robert Ainscow are directors of Zest Finance. Reimer is the sole director of Zest Capital.

Zest Mortgage has been approached for comment.

The firm is not connected to Zest Financial Solutions, an appointed representative of Stonebridge Mortgage Solutions.