Lendco
Lendco is a UK specialist lender founded in 2018 that provides Buy-to-Let mortgages and Bridging Finance to property investors and developers, distributed exclusively through mortgage brokers via a proprietary portal and funded through securitisations and warehouse facilities.
- Company typePrivate
- Founded2018
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Lendco does
Lendco Limited is a UK specialist property lender founded in July 2018, headquartered in London, that provides Buy-to-Let (BTL) mortgages and Bridging Finance exclusively to property investors and developers via mortgage brokers and intermediaries. The company operates with a team of approximately 55 people and offers BTL products up to £3m per asset (max 75% LTV, 5-year fixed and 2-year tracker options) alongside bridging loans from £100k to £5m with 2–36 month terms. Its core methodology is manual underwriting on a case-by-case basis, deliberately rejecting automated tick-box criteria in favour of expert human judgment from underwriters with decades of property lending experience.
The business is supported by a proprietary Broker Portal (portal.lendco.co.uk) for case submission and tracking, supplemented by online BTL and Bridging calculators. Lendco generates revenue primarily through net interest income on its loan book, supplemented by arrangement fees deducted at origination and servicing/admin fees. Distribution is exclusively through UK intermediaries — there is no direct-to-consumer channel — with a dedicated internal sales team and business development managers providing nationwide coverage via phone, email, and online booking.
Funding is sourced through a diversified wholesale stack: a £300m BTL warehouse facility with BNP Paribas and HSBC, four public market Atlas asset-backed securitisations totalling over £1.4bn since 2021 (with the 2024 issuance at £408m being the largest to date), and an inaugural £20m Medium Term Note bond programme launched in 2023. In Q4 2023 the company separated bridging operations into a wholly-owned subsidiary, Lendco Bridging. As of April 2026, Cerberus Capital Management has announced an agreement to acquire Lendco from Cabot Square Capital and minority shareholders, intended to expand its UK specialist lending presence.
Lendco firmographics
Firmographics- Name
- Lendco
- Legal name
- Lendco Limited
- Website
- https://lendco.co.uk
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Lendco is a UK specialist lender founded in 2018 that provides Buy-to-Let mortgages and Bridging Finance to property investors and developers, distributed exclusively through mortgage brokers via a proprietary portal and funded through securitisations and warehouse facilities.
- Ownership category
- akta.pro rank
Lendco industry classification
Industry- Product category
- Specialist Mortgage Lending
- NAICS
- Real Estate Credit (522292)
- SIC
- Mortgage Bankers & Loan Correspondents (6162), Asset-Backed Securities (6189)
- akta.pro primary industry
- Wholesale Mortgage Lending (Broker Channel) (FSALACAA)
- akta.pro secondary industries
- Jumbo & Portfolio Wholesale Lending (FSALACAF), Private Credit / Direct Lending (FSAAAHAG)
Keywords
Where Lendco is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices2 records
Markets served
Lendco business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others
Revenue model
- Mortgage Interest Income: Lendco earns interest income from its buy-to-let mortgage and bridging loan portfolios. The company originates and services mortgages, collecting principal and interest payments over the loan term. Products include 2-year and 5-year fixed rate BTL mortgages and bridging loans with terms from 2 to 36 months.
- Arrangement Fees: Lendco charges arrangement fees on its mortgage and bridging products, which are deducted from the loan amount at origination. The Tariff of Charges document outlines all applicable fees.
- Asset-Backed Securitisations: Lendco has issued four public market asset-backed securitisations (Atlas programme) totalling over £1.4 billion since 2021, raising capital by selling mortgage-backed notes to investors.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Monthly | Buy-to-Let Mortgages - Loan sizes £100k-£3m |
| Unit Pricing | Pay-as-you-go | Bridging Finance - Loan sizes £100k-£5m |
| Unit Pricing | Monthly | Foreign National borrowers - Additional loading fees |
| Unit Pricing | Pay-as-you-go | Servicing and admin fees |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
Lendco product offering
Product offeringCore offering
Lendco is a UK specialist property lender that originates and services Buy-to-Let mortgages (£100k–£3m per asset, up to 75% LTV, 5-year fixed and 2-year tracker products covering standard BTL, HMO, MUFB and Holiday Let) and short-term Bridging Finance (£100k–£5m, 2–36 month terms, up to 75% LTV) secured against property in England and Wales. All lending is distributed exclusively through approved mortgage brokers and intermediaries via a dedicated Broker Portal, with every case manually underwritten on its individual merits.
Product overview
Lendco is a UK specialist lending platform founded in 2018 that operates as a multi-award-winning team of 55 people. The company offers two core lending products: Buy-to-Let Mortgages (5-35 year fixed and tracker products up to 75% LTV, £100k-£3m per asset) and Bridging Finance (short-term loans from £100k to £5m, 2-36 month terms up to 75% LTV). Both products are distributed exclusively through intermediaries (brokers). The company supports its lending operations with online tools including Buy-to-Let and Bridging Finance calculators, a Broker Portal for application management, and funding programmes including four public Atlas securitisations (£1.4bn+), a £300m BTL warehouse facility (BNP Paribas/HSBC), and an MTN bond programme (£20m). In 2023, Lendco separated its bridging operations into Lendco Bridging as a dedicated business unit. The company has surpassed £2 billion in total lending.
Differentiator
Problem solved
Functional benefit
Brands
- Lendco Bridging: Separate bridging finance operations arm of the business, created in Q4 2023
Products and services
- Buy-to-Let Mortgages Specialist buy-to-let mortgage products for experienced property investors, offered as 5-year fixed and 2-year tracker options with loan sizes from £100k to £3m per asset, terms of 5–35 years, and up to 75% LTV. Products include standard BTL, HMO, MUFB, Holiday Let and ex-LA mortgages, with ICR of 125–150% depending on asset type and tax status, 10% annual overpayment permitted, and ERCs applying on fixed-rate products. Distributed exclusively through approved intermediaries.
- Bridging Finance Short-term bridging finance for property acquisition, refurbishment, land with planning, semi-commercial properties, and bridge exit to BTL. Loan sizes from £100k to £5m per asset, terms from 2 to 36 months, up to 75% LTV. Same-day credit-backed terms available, interest charged monthly or rolled, extension fee of 1.5% of gross balance. Distributed exclusively through approved intermediaries.
- Lendco Bridging A separated arm of Lendco's business dedicated to bridging finance operations, established in Q4 2023 to provide focused short-term lending services for intermediaries and their borrowers under a dedicated brand.
Quantifiable outcome
- Over £2 billion of cumulative lending originated since 2018
- +5 more outcomes
Companies that use Lendco
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
Lendco technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature4 records
Lendco partnerships and signals
Strategic signalScale indicators9 records
Recent moves6 records
Expansion highlights5 records
Lendco competitors and assessment
Company assessmentDirect peers
- Aldermore Bank: UK specialist challenger bank with a sizeable buy-to-let mortgage portfolio and bridging products distributed via brokers. Overlaps directly with Lendco's two core product lines and intermediary-only GTM.
- Shawbrook Bank: Major UK specialist challenger bank offering buy-to-let mortgages and bridging finance through the broker channel. Highly comparable to Lendco across both core products, target borrowers (professional landlords, complex cases), and intermediary-only distribution model.
- Together Money: UK specialist lender focused on complex buy-to-let and bridging finance, distributed through intermediaries. Directly competes with Lendco in serving non-standard borrowers and complex property scenarios.
- Paragon Bank: Established UK specialist lender with significant buy-to-let mortgage and bridging loan books, distributed via brokers. Comparable to Lendco on product mix, target customer (portfolio landlords), and structured finance/funding capabilities.
- Precise Mortgages: UK specialist buy-to-let and residential mortgage lender distributing exclusively through intermediaries. Directly comparable to Lendco on specialist BTL underwriting criteria and broker channel focus.
- Market Financial Solutions: UK bridging finance specialist offering short-term property loans distributed via brokers. Most directly comparable to Lendco Bridging on product (short-term secured property lending), underwriting flexibility, and intermediary GTM.
- Foundation Home Loans: UK specialist buy-to-let and residential mortgage lender distributing via intermediaries. Comparable to Lendco on specialist underwriting, broker channel, and target customer segments.
- Fleet Mortgages: UK buy-to-let specialist lender offering products exclusively to mortgage intermediaries. Comparable to Lendco in specialist BTL positioning, broker-only distribution, and focus on portfolio landlords and complex cases.
Emerging players
- Octane Capital: UK specialist bridging and development finance lender with broker distribution. Partially comparable to Lendco Bridging on short-term property finance and complex case underwriting, though smaller in scale.
- Kuflink: UK bridging and development finance platform distributing via intermediaries. Comparable niche overlap with Lendco Bridging on short-term secured lending and broker-led origination, though smaller in cumulative originations.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Lendco social profiles
Digital presenceLendco financial estimates
Financial estimateRevenue estimate
Valuation estimate
Lendco leadership team
Management profileNumber of profiles
Profiles1 record
Lendco subsidiaries and ownership
Company hierarchySubsidiaries1 record
Lendco funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Lendco M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Lendco
What does Lendco do?
Lendco is a UK specialist property lender that originates and services Buy-to-Let mortgages (£100k–£3m per asset, up to 75% LTV, 5-year fixed and 2-year tracker products covering standard BTL, HMO, MUFB and Holiday Let) and short-term Bridging Finance (£100k–£5m, 2–36 month terms, up to 75% LTV) secured against property in England and Wales. All lending is distributed exclusively through approved mortgage brokers and intermediaries via a dedicated Broker Portal, with every case manually underwritten on its individual merits.
Is Lendco a public or private company?
Lendco is a private company. It is classified as private equity controlled and is currently operating.
When was Lendco founded?
Lendco was founded in 2018. It employs 11 to 50 people.
Where is Lendco based?
Lendco is headquartered in London, United Kingdom, in the Europe region.
How does Lendco make money?
Three revenue lines are on record. Mortgage Interest Income is the primary driver. The others are arrangement Fees and asset-Backed Securitisations.
Who are Lendco's main competitors?
Direct peers on record are Aldermore Bank, Shawbrook Bank, Together Money, Paragon Bank, Precise Mortgages, Market Financial Solutions, Foundation Home Loans and Fleet Mortgages. Emerging players are Octane Capital and Kuflink.
Does Lendco have an API?
No public API is recorded for Lendco.
What industry is Lendco in?
Lendco's product category is Specialist Mortgage Lending. Its primary akta.pro industry code is FSALACAA, Wholesale Mortgage Lending (Broker Channel), with a secondary code of FSALACAF, Jumbo & Portfolio Wholesale Lending. Its NAICS code is 522292 and its SIC code is 6162.