Landbay is the only UK marketplace lender focused exclusively on residential mortgages. You will lend to asset secured, income-producing properties where the property has a rental coverage of 135% and a loan-to-value average of 65%. Landbay reserves the right to take over rental intake should the property owner default on their loan, as well as liquidating the asset to recover your repayments.
Landbay were the first peer-to-peer platform to be independently stress tested, proving their capabilities in stressed economic environments.
IFISA available. The Landbay ISA has a £5,000 minimum investment. Other products remain at £100 minimum.