First Complete invests in digital buy-to-let broker Property Master
First Complete network has made a minority investment in digital buy-to-let broker Property Master.
Property Master, which launched four months ago, uses algorithms to match buy-to-let landlords with 90 lenders offering more than 2,000 mortgages.
David Copland, director of mortgage services at LSL (parent of First Complete), said: “We are looking forward to working with the Property Master team.
“We recognise the structural changes occurring within the mortgage industry and see Property Master’s technology as a key enabler of future change.”
So far 7,000 landlords have used the digital buy-to-let broker.
Angus Stewart, chief executive of Property Master, said: “Our cracking launch performance with over 14,000 mortgage searches in just four months demonstrates the pace at which we are revolutionising buy-to-let finance.
“With the recent addition of our new affordability monitoring features especially for portfolio landlords we are achieving our goal of making Property Master the destination site for any landlord looking to find their next mortgage.
“This investment by LSL will help to accelerate the growth and capability of Property Master and assist in providing more choice to landlords in the buy to let mortgage market.”