Last week, Starling Bank announced its first acquisition, of the buy-to-let specialist mortgage lender, Fleet Mortgages; https://www.starlingbank.com/news/starling-bank-acquires-mortgage-lender-fleet-mortgages/
Fleet Mortgages focuses on providing mortgages to professional and semi-professional buy-to-let landlords, only via mortgage adviser distribution channels.
It's an interesting announcement given that Starling is an online-only bank - do we think this is moving mortgageability into a more innovative space? Definitely seems quite modern and moving away from the typical idea of having to go into an old institution of a bank in order to get your mortgage.
