Landbay one of fastest growing technology companies in the UK

By Bridging Loan Directory 16th November 2018

Landbay, the specialist buy-to-let mortgage lender, has been named in the Deloitte Technology Fast 50 as one of the fastest growing technology companies in the UK.

The technology growth index placed Landbay 20^th after recording a growth rate of 1,467% over the last four years. The Deloitte Technology Fast 50 is a ranking of the country’s 50 fastest growing technology companies, based on revenue growth over the last four years.

Landbay has enjoyed a strong 2018, surpassing lending volumes of £200m in November. The business has also been hiring across both underwriting and technology teams to support this growth, with a 70% growth in headcount compared to the start of the year.

This accolade is evidence of the scale of the opportunity in the UK’s rental market; with fundamental issues remaining around housing supply, the need for a range of housing tenure will remain high for many years to come. The private rental sector has a key role play in the housing mix, and Landbay’s responsible approach to lending means it provides experienced landlords with the funds to deliver a positive experience for their tenants.

John Goodall, pictured, CEO and founder of Landbay said:

“The level of growth we have experienced over the last four years has been phenomenal. This year alone has seen us expand our distribution channels on the lending side, with growing demand for our product across the UK. Being recognised for this growth is a testament to the hard work of our team, and to the success of our specialist lending model which provides brokers with a tailored approach to underwriting and secures faster funding for their clients.”