Landbay has joined the panel of the Richdale Brokers & Financial Services network.

Richdale is a network that provides both established and newly appointed representatives with a compliance and mentoring support package containing all the tools and training needed to be a compliant mortgage intermediary.

As part of Richdale’s service, if ARs wish to evolve into a directly authorised firm at a later date, Richdale can also help to prepare and guide them through the authorisation process with the FCA. Richdale then provides ongoing compliance support to the directly authorised firms as they continue to build their business.

Joela Jenvey (pictured), head of national accounts at Landbay, said: “Richdale’s proposition is a great way to add value to the intermediary market and support new quality ARs and DA firms to the industry and we look forward to working with them.”

“Our BDMs and underwriters are always on hand to help Richdale’s members with any buy-to-let cases, no matter how complex. They also have the added advantage of access to our award winning broker portal making the advice and application process quick and efficient.

Jacob Bernstein, managing director at Richdale, added: “We are a specialist growing network and the welcome addition of Landbay to our panel enhances the buy-to-let options our intermediaries can offer to their landlord clients.

“We have been impressed with Landbay’s broker portal, which intuitively guides advisers through to the most appropriate product for their client’s needs. Along with a good range of products, and direct contact with Landbay’s BDMs and underwriters, I expect our partnership to grow as we move forward.”