About Landbay

Landbay is a peer-to-peer lending platform that provides loans to buy-to-let investors in England and Wales. It opened for business in April 2014.

The money is automatically spread across a range of buy-to-let loans with terms of up to ten years. The minimum investment is £100 and you can lend subsequent amounts in multiples of ten. There is no maximum investment.


Pros...

  • Investors’ money is automatically spread across multiple buy-to-let loan parts.
  • Landbay’s Reserve Fund protects lenders against late or missed payments.
  • Landbay loans are secured against the property.
  • Lenders can access their money early, as long as the loan parts can be reallocated.

Cons...

  • Your capital is at risk.
  • Landbay is not covered by FSCS.

Provision funds and insurance

Landbay maintains a Reserve Fund to cover potential arrears and defaults. It currently covers 0.60% of the loan book, and the level is based on independent, Bank of England criteria stress testing of their mortgages and underwriting criteria.

Key Data

  • Amount Lent/Invested: £43.4m
  • No. UK Investors: 1k
  • Avg. Amount Invested: £15.7k
  • LTV: 66.57%
  • Expected Bad Debt Ratio: 0.1%
  • FCA Regulated?
  • Who chooses borrowers? P2P Company
  • Investment secured on Property
Invest with Landbay

Tracker Rate

  • Potential Return:

       3.03%*
  • Term:

      Bespoke Term
  • Min. investment:

       £100
  • Secured on:

       Property
  • Provision Fund:

       Yes
  • Early exit:

       Yes

The total expected rate equals 3.03% annualised assuming auto reinvestment of all interest over a 1 year period.


The Landbay Innovative Finance ISA

  • Potential Return:

       3.54%*
  • Term:

      1 - 5 month
  • Min. investment:

       £5,000
  • Secured on:

       Property
  • Provision Fund:

       Yes
  • Early exit:

       Yes

Your simple rate of interest is 3.49% pa. The total rate equals 3.54% annualised assuming auto reinvestment of all interest over a 1 year period. Your rate of interest could be fixed for a period of up to 5 years before you automatically switch to a variable rate.


Fixed Rate

  • Potential Return:

       3.54%*
  • Term:

      1 - 5 year
  • Min. investment:

       £100
  • Secured on:

       Property
  • Provision Fund:

       Yes
  • Early exit:

       Yes

The total rate equals 3.54% annualised assuming auto reinvestment of all interest over a 1 year period.


Your capital is at risk if you lend to businesses. Peer to peer lending is not protected by the Financial Services Compensation Scheme. Please read our full risk warning here.