The partnership will offer MCI Club’s intermediaries a range of products for portfolio landlords, houses in multiple occupations (HMOs), multi-unit freehold blocks (MUFBs), first-time landlords, limited companies and new build properties.
The club’s brokers will also have access to Landbay’s online intermediary portal, which includes case tracking features and a property portfolio key.
Paul Brett, managing director of intermediaries at Landbay, commented: “We’re constantly looking at new ways to open up access to a wide range of brokers. This partnership is testament to our growth ambitions this year, and we look forward to working MCI Club.”
Phil Whitehouse (pictured), head of MCI Club, cited an increasingly complex buy-to-let market when explaining the reasons why his firm wanted to expand their panel.
“Introducing Landbay to our lender panel is a way to give our members access to cost efficient innovative products. We are continually striving to meet the evolving demands of our clients.”
The news of Landbay’s partnership with the MCI Club comes less than a week after Principality Building Society was added to MCI Club’s panel of lenders.