Synergy Commercial Finance has added Landbay to its lender panel.

The network says that one of the main benefits of the partnership for its broker members will be Landbay’s houses in multiple occupation BTL products, alongside the lender’s instant decision in principle and free title indemnity insurance, the latter having been announced earlier this month.

As well as this, members will enjoy full access to Landbay’s suite of products, which includes BTL offerings of all types.

Landbay director of intermediaries Paul Brett says: “This partnership will bring our market-leading products to a new group of specialist commercial brokers and their landlord clients.

“The BTL market has bounced back strongly and HMOs are in particular demand with record numbers of students and a rise in people wanting to live in shared houses as a result of lockdown.”

Synergy sales director Piotr Twaits: “Working with Landbay over the past three years we have be very impressed with the professionalism, service and products that we, our brokers and our clients have received

“Being able to offer large HMO mortgages at residential pricing will make HMO financing accessible to a wider number of landlords and investors. These highly competitive rates are particularly useful at this point in time when some landlords are using the Stamp Duty holiday to expand their portfolios.”