Its products will be included in comparisons on the website
Specialist lender Mercantile Trust has been added to the lending panel of property finance comparison site Propp.
As a result of the partnership, the lender’s products will be included in comparisons on the Propp website.
Mercantile Trust specialises in bridging loans and buy-to-let mortgages, while Propp is considered the UK’s first specialist finance comparison site, which uses technology to simplify and speed up the process for lenders and borrowers.
“We are delighted to be working with Propp, who share our passion for providing alternative lending solutions to borrowers,” Maeve Ward (pictured), director of commercial operations at Mercantile Trust, commented. “Transparency is at the heart of everything they do, meaning that borrowers understand what is available to them from the outset, and benefit from a human approach.
“I’m certain that working together, we can support those looking to start their investment journey, as well as seasoned property professionals looking to expand their portfolios.”
Paul Elliott, managing director at Propp, added that since their launch in 2020, they were continuously looking to onboard lenders to the panel that address gaps in their offering.
“Mercantile ticks a lot of boxes on that front which ultimately means we’ll be able to help more customers in areas where previously we might have struggled,” Elliott remarked. “The fact they consider first-time buyers and first-time landlords with no rental history is of enormous value, and their position in the Northern Ireland market enables us to offer more choice to our clients in that region where previously, options were limited.
“Having worked with Maeve in a previous role, we have the utmost confidence that her team will deliver the high standard we expect for our clients and we’re delighted to welcome them onboard.”
Want to be regularly updated with mortgage news and features? Get exclusive interviews, breaking news, and industry events in your inbox – subscribe to our FREE daily newsletter.
