Tracker Classic Account
Landbay

3.60% Net
Projected Annualised Return*
£ 100
Min. investment
1 Months
Term

Platform Summary 


Landbay is a peer-to-peer investment platform that provides lenders direct access to fund the mortgages of buy-to-let properties in the UK. Anyone can invest from as little as £100 and funds start earning interest within 24 hours of receipt of cleared funds, subject to mortgage investments being available.

Product Overview


Your simple rate of interest is 2.70% pa above LIBOR (London Interbank Offered Rate). When LIBOR changes, your Tracker Rate changes too.

3–Month LIBOR, repriced on a quarterly basis. Last repriced on 01 July 2017 at 0.29% pa. The total expected rate equals 3.04% annualised assuming auto reinvestment of all interest over a 1 year period.

  • Money starts earning interest within 24 hours of receipt of cleared funds, subject to mortgage investments being available.

  • No investment or withdrawal fees.

  • Landbay automatically diversify investors’ money across multiple buy-to-let mortgages with terms of up to ten years.

  • Investors receive monthly interest payments which can be withdrawn or reinvested.

  • Withdraw or sell investments at any time on Landbay’s secondary market, subject to Landbay’s ability to reallocate your invested loan parts.

  • Landbay's Reserve Fund is in place in case a borrower misses a payment or defaults. To date Landbay have had no missed payments nor defaults. 

*NB: Projected Annualised Return 


*This figure has been provided by the partner platform and not by OFF3R. It has been calculated as a projected annualised net return taking in to account platform fees and charges but before any tax is paid by the investor. We present an annualised figure regardless of term for comparison purposes only.

Platform Risk Warning

Your capital is at risk. Lending is not covered by the Financial Services Compensation Scheme. For more information see our full risk warning.