The agreement will allow Landbay to leverage My Home Move’s expertise and use its technology platform to speed up the completion process.
Paul Clampin, Landbay’s chief lending officer, said: “My Home Move’s appointment is another of the steps we are taking to streamline our processes as our lending capability continues to scale.
“The synergy between Landbay and My Home Move is clear; we share the philosophy of leveraging technology to disrupt the mortgage market, offering borrowers an experience that is more efficient in terms of cost, time and service.”
John Goodall, chief executive officer of Landbay, added: “Landbay is the only UK peer-to-peer platform to focus exclusively on the UK buy-to-let mortgage market and it was therefore important for us to find a partner with strong experience and expertise in the sector.”
The deal also sees Landbay’s lending team and brokers get access to My Home Move’s online case management service, eWay.
Dev Malle, group Sales director at My Home Move, said: “Landbay has an exciting, technology based proposition which has a consumer focused edge.
“Our eWay system fits perfectly with their proposition and our understanding and partnership in the broker market fits perfectly with their distribution strategy.
“We look forward to working with them, their brokers and their customers to assist their continued growth.”
