Landbay Closes £2.4M Crowdfunding Round on Seedrs

Landbay, a London, UK-based buy-to-let mortgage lender, has closed a £2.4m crowdfunding round.

The funds were raised via Seedrs.

The company, which has raised approx. £7m to date via the crowdfunding platform, intends to use the funds to continue to expand operations and launch new products.

Led by John Goodall and Gray Stern, Landbay is a peer-to-peer lending platform, which enables retail investors, institutions and local governments to invest in the UK’s private rented sector through the funding of residential buy-to-let mortgages. All loans are secured by first‐ranking mortgages over tenanted residential properties across England and Wales.
The company, authorized and regulated by the FCA, currently has a team of 30.



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