Tagged: landbay

March 8, 2018 @ 7:42 am By Samantha Hurst  |  

UK-based peer-to-peer lender Landbay announced this week it has hit its £100 million in lending milestone. The online lending platform achieved its half-way point in lending this past September and revealed that since then momentum has accelerated to result in near-on double of lending volumes… Read More

January 26, 2018 @ 7:39 am By JD Alois  |  

The UK Peer to Peer Finance Association (P2PFA) has published aggregate fourth quarter data for of 2017 for its member platforms. The P2PFA shows that during 2017 £3,145,098,842 in peer to peer loans were facilitated. Cumulative lending transacted through P2PFA member platforms exceeded £8 billion…. Read More

November 20, 2017 @ 10:19 am By Samantha Hurst  |  

Last week, peer-to-peer lender Landbay announced it will be offering up to 25-year mortgage terms starting in January 2018. The lending platform revealed in a blog post: “After listening to feedback from our network of specialist broker partners, and in light of our own industry knowledge… Read More

November 2, 2017 @ 1:36 pm By Samantha Hurst  |  

Earlier this week, Landbay and Buy to Let Club completed lending to a new building in Southgate, a suburban area of north London, in under two months. The initial case was reportedly submitted on the broker portal by Buy to Let Club on August 24th. According to Mortgage… Read More

October 6, 2017 @ 9:14 pm By Samantha Hurst  |  

Earlier this week, UK-based peer-to-peer lending platform Landbay announced its September saw a total of £6.31 million lent across 31 mortgages and it announced five new hires.  According to Financial Report, last month’s lending levels were higher than the previous two months combined.  Among the new… Read More

August 18, 2017 @ 9:12 am By Samantha Hurst  |  

On Friday, UK-based peer-to-peer lending platform Landbay announced the completion of its latest crowdfunding round on Seedrs, which attracted a grand total of £2,440,266. Gray Stern, co-founder and chief commercial officer at Landbay, revealed to UKTN (formerly Tech City News): “This was a bridge round funded by… Read More

July 28, 2017 @ 8:57 am By JD Alois  |  

The UK Peer to Peer Finance Association (P2PFA) is out with their 2nd quarter aggregate numbers for their member platforms. Robert Pettigrew, Director of the P2PFA, commented on the release pointing to the quarter over quarter increase in lending; “Comparing the performance of P2PFA platforms… Read More

July 7, 2017 @ 10:59 am By Samantha Hurst  |  

On Friday, UK-based peer-to-peer lending platform Landbay celebrated its third birthday. The online lender revealed that in the past three years, it has lent a total of £47.31 million, which is funding buy-to-let mortgages throughout the UK. CEO and co-founder, John Goodall shared details about the… Read More

May 14, 2017 @ 7:01 pm By JD Alois  |  

Tennis star and Seedrs advisor Andy Murray has invested in three early-stage UK businesses. The Seedrs listed companies include Den, Morpher and Landbay. Murray’s Seedrs originated portfolio now stands at over 20 companies, according to the platform.  As has been the case in the past, Murray… Read More

April 18, 2017 @ 11:29 am By Samantha Hurst  |  

Last week, UK-based peer-to-peer lending platform Landbay released the March 2017 Rental Index. This report reveals details about the country’s rental market. The lender stated: “Since March 2016, average rents in the UK have risen by 0.9% to £1,191. In England, rents were up 0.87% to £1,222;… Read More

March 31, 2017 @ 12:44 pm By Samantha Hurst  |  

UK-based peer-to-peer lending platform Landbay has reportedly reduced its product rates and fees. According to various sources, Landbay’s rates are now starting at 3.39% for a 2-year fix and 3.59% for a 5-year fix, with arrangement fees up to 75% on standard products, which were… Read More

March 1, 2017 @ 11:52 am By Samantha Hurst  |  

On Tuesday, 4thWay writer, Matthew Howard released his very own assessment on the top three property P2P lending platforms are in the UK. The three he selected were Landbay, Proplend, and FundingSecure. In his selection, Howard ranked the lenders based on their features and opportunities… Read More

February 20, 2017 @ 10:55 am By Samantha Hurst  |  

UK peer-to-peer lending platform, Landbay, has officially launched its property-backed ISA investment. This news comes just a little over a month after the lender was granted ISA manager status by HMRC. The Landbay team stated: “The Property‐Backed ISA is the latest in our line of… Read More

January 23, 2017 @ 8:16 am By JD Alois  |  

Specialist provider of P2P and marketplace lending products and services, Goji, has announced that Landbay, bond investment platform UK Bond Network, crowd bond provider Downing, and SME-focused P2P platform Peer Funding have each selected their platform to offer the Innovative Finance ISA (IFISA). Goji said… Read More

January 4, 2017 @ 10:33 am By Samantha Hurst  |  

Landbay, a peer-to-peer lending platform, is now offering new products for professional landlords. The lender will now offer standard term tracker at 3.88% to 65% loan-to-value, along with offering fixed rate products from 4.2%, an HMO tracker starting at 3.98% and an expat tracker starting… Read More

December 22, 2016 @ 10:24 am By Samantha Hurst  |  

On Thursday, peer-to-peer lending platform Landbay announced it was granted full authorization from the FCA for peer to peer lending. The lender stated the new authorization is paving the way for the launch of its Innovative Finance ISA in the upcoming year. John Goodall and Gray Stern… Read More

November 23, 2016 @ 9:06 am By Samantha Hurst  |  

On Wednesday, UK-based peer-to-peer lender Landbay announced it integrated AU10TIX ID authentication and customer onboarding gateway service, which enables customers to notably benefit from seconds-fast Click & Go ID authentication that helps detect and deter fraud. Julian Cork, Chief Operational Officer at Landbay, stated: “We… Read More

November 4, 2016 @ 9:57 am By JD Alois  |  

Independent ratings agency 4thWay is out with an interesting report on the peer to peer property lending market in the UK.  This sector of alternative finance has been very popular due to the asset class and the solid returns. Even in light of Brexit turmoil,… Read More

August 11, 2016 @ 8:42 am By JD Alois  |  

Equity crowdfunding platform Seedrs has recently surveyed their customers on Brexit fallout and the results are encouraging. While the number of respondents were small (120), according to Seedrs, 52% of respondents believe London will maintain the title of global hub for international entrepreneurs even with… Read More

July 23, 2016 @ 2:49 pm By JD Alois  |  

  John Goodall and Gray Stern launched their company, Landbay, with the help of Seedrs.  Before their website was even live, Goodall and Stern were raising seed capital on the crowdfunding platform for their vision of mortgage finance.  Their first funding round was for only £50,000… Read More