Relendex announces strategic partnership with yourkeys

By Bridging Loan Directory 26th September 2019

Relendex, the leading Peer-to-Peer lender specialising in the UK property market, announced today at LendIt Fintech Europe, the region’s leading event connecting lending and banking, a new strategic partnership with yourkeys. Yourkeys Technology is the first online property sales platform for new build residential property to offer a full, end to end finance, marketing and sales service for housebuilders and all associated stakeholders.

Relendex, will be providing finance to experienced developers across the UK using the Yourkeys marketing and sales suite. In addition to all they yourkeys benefits, by substantially reducing the time taken to sell property, the yourkeys platform will benefit Relendex customers by reducing their overall finance costs.

In addition to the funds being provided directly on the Relendex P2P platform, Relendex has an international debt funding partner providing finance for heavy refurbishments.

Paul Sonabend, Executive Chairman, said:

“Relendex is always looking for ways to offer property developers the best possible rates and to make our loans as attractive as possible. This partnership promises to revolutionise the way in which the construction industry markets and sells new build residential properties and will produce measurable cost savings for developers using the Relendex platform.”

At LendIT, Relendex will be seeking to meet debt funding partners capable of financing the stream of high-quality UK house building projects that will result from this new strategic partnership.

John FitzGerald, Commercial Director at yourkeys said:

“Our partnership with Relendex makes perfect strategic sense as our offerings are hugely complementary. SME house builders need a dependable finance provider plus they want to sell their new homes quickly – together, we can help with both. This is an excellent example of two companies aligning at the right moment to help SME developers grow their businesses successfully.”