Case Studies

Landbay’s diverse funding line secures success for fledgling portfolio

17 March 2023

Nick Joelson


Landbay showcases the advantage of its diverse funding line, in intricate portfolio remortgage challenge

Property type: Portfolio remortgage
Location: Norwich
Product: Standard 5 Year Fixed

The challenge

The client had purchased a portfolio of seven new-build properties on the same development, in cash. They sought 75% LTV against each asset to enable continued portfolio growth.

They ideally wanted lending through one provider, for simplicity. The client had very little landlord experience, they had acquired a high-value portfolio in a short time frame (within the preceding 6 months) and needed to borrow a large amount.

Our solution

As the purchases posed potential risks, we discussed the applicant’s profile at great length with the broker. Our diligence ensured concerns were mitigated, which allowed us to proceed. We assisted the broker in packaging and submitting the applications, to provide the best outcome for their client.


Our focus and attention-to-detail pre-application meant offers on all seven properties were issued within 24 calendar days, including new valuations. Our diverse funding line meant we could spread the exposure across multiple funders allowing the client to deal exclusively with Landbay. This meant we met a vital requirement presented by the broker.

Offers were produced within three weeks, which is unheard of in this climate