The Buy to Let Business has rebranded as Dynamo.
Ying Tan, founder and chief executive, said the move was made to reflect its “evolution as a fintech business” and to demonstrate its “client-centric approach” across all sectors of the mortgage market.
The business was originally launched as a digital mortgage broker by Countrywide and Blenheim Chalcot, and has since been integrated into the Countrywide Financial Services group.
This follows a rise in business within in the residential, protection, general insurance, commercial, bridging and second charge sectors.
The Buy to Let Business was founded in 2006 by Tan (pictured). In 2016, Countrywide plc made a significant investment in the business.
Now operating as Dynamo, the business has grown from a small serviced office in Guildford to a 13,000 sq ft building in Camberley, Surrey employing just under 200 staff.
Tan said: “Moving away from The Buy to Let Business brand is a bold move given its strength and reputation in the industry. We are proud of our humble beginnings and specialist heritage. We will not move away from these roots, however the modern mortgage market demands that we continue evolving to reflect our position in the market now, and in the future.
“Adopting the Dynamo brand was a logical choice at the perfect time. It has a natural synergy with our dynamic team, innovative approach and how we have advanced into more of a fin tech business. Dynamo has a thirteen year proven track record, deep strategic relationships with lenders and an infrastructure for sustainable growth. I look forward to the next exciting phase in our development and competing with the biggest names from a broker and distribution perspective. We are leading the charge within our industry, evolving as the next gen broker.”