Twenty7tec has added Lendco to its SOURCE module, adding to the platform’s landlord mortgage products.
The lender, which launched in 2018, manually underwrites all of its loans and also offers bridging products.
Twenty7tec lender relationships – team manager Nakita Moss says: “Lendco offers a range of BTL products, from standard properties to large houses in multiple occupation.
“In addition, ex-ats and foreign nationals are also accepted. It’s pleasing to see a lender offer a common-sense approach to lending, and the proposition Lendco offers is something we’re seeing an increase in demand for, which makes Lendco a great addition.
“In 2023, the most searched criteria item was ‘Can applications from non-EU, EAA non-UK foreign nationals be accepted and under what conditions?’’
Lendco executive director Alex King adds: “Joining Twenty7tec enables us to further broaden our distribution and gives platform users access to our BTL products.
“We aim to make specialist finance easier to source for intermediaries, and the Twenty7tec software helps brokers facilitate this.”