Who We Are
Lendco was formed in 2018 with the aim of eradicating some of the frustrations experienced by intermediaries in the UK mortgage market. We understand what it means to be an intermediary and the challenges that can come when servicing professional property investors. We aim to be always accessible and care about delivering common sense lending decisions quickly.
We strive to bring a mature approach and a professional attitude to the specialist lending sector, this is reflected every day in our core values of underwriting transactions uniquely and carefully while acting always with the utmost integrity.
We're different to other lenders
Here are just a few reasons why we’re the best specialist lender you’ve never heard of.
We look at transactions through a ‘can do’ lens, we are passionate about trying to find ways to make deals that make sense work.
Every case is manually underwritten, and assessed on its own merits. There are no tick-boxes here.
Decades of Experience
Our underwriters have decades of property underwriting experience, so you can be assured that we will understand your transaction and make the correct decision.
Our Sales Team are empowered to make decisions, and have direct access to the underwriters for referrals..
When you call, we answer. Simple as that. We offer access to every member of the team so you can get a solution, first time round.
Lendco launched as a team of 4, with the aim of correcting some of the frustrations faced by intermediaries in todays UK mortgage market.
We completed our first Buy-to-Let mortgage of £152,000.
By the end of 2018 we had completed £50 million of mortgage loan originations.
We overhauled our bridging process, with a completely new origination system.
Total originations for 2019 were £218 million.
2020 saw 500 cases completed, and we surpassed a total of £500 million lent to date.
Throughout the Coronavirus pandemic, we supported our brokers and clients in their time of need, working to make sure everybody was safe and that the business could continue to run.
The Lendco team grew to a total of 40 staff, as our completions continued to rise quickly.
We ended 2021 with £362 million completed for the year from over 850 cases.
Q2 of 2022 saw a targeted widening of our distribution, as well as a landmark achievement of £1 billion of total mortgage loan originations.
We surpassed £50 million of lending in a single month in July, and we are looking to complete over £500 million in the year of 2022…
Inaugural bond programme
For the first time ever, we ran an MTN bond programme, raising £20m for the business.
BTL warehouse renewal
We renewed our £300m BTL warehouse with BNP Paribas and HSBC. In Q4 we separated our Bridging operations arm of the business, and Lendco Bridging was born.;