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About

About Us

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.

Our Approach

We're different to other lenders

Here are just a few reasons why we’re the best specialist lender you’ve never heard of.

1

Our Mentality

We look at transactions through a ‘can do’ lens, we are passionate about trying to find ways to make deals that make sense work.

2

Manual Underwriting

Every case is manually underwritten, and assessed on its own merits. There are no tick-boxes here.

3

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.

4

Quick Decisions

Our Sales Team are empowered to make decisions, and have direct access to the underwriters for referrals..

5

Accessible, always.

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.

Our Story

2018

July

Lendco launched as a team of 4, with the aim of correcting some of the frustrations faced by intermediaries in todays UK mortgage market.

2018

September

We completed our first Buy-to-Let mortgage of £152,000.

2018

December

By the end of 2018 we had completed £50 million of mortgage loan originations.

2019

September

We overhauled our bridging process, with a completely new origination system.

2019

December

Total originations for 2019 were £218 million.

2020

December

2020 saw 500 cases completed, and we surpassed a total of £500 million lent to date.

2020

March

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.

2021

June

The Lendco team grew to a total of 40 staff, as our completions continued to rise quickly.

2021

December

We ended 2021 with £362 million completed for the year from over 850 cases.

2022

June

Q2 of 2022 saw a targeted widening of our distribution, as well as a landmark achievement of £1 billion of total mortgage loan originations.

2022

The future

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…

2023

Inaugural bond programme

For the first time ever, we ran an MTN bond programme, raising £20m for the business.

2023

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.;

2024

February

We passed £1.5 billion of lending.

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