Alternative Bridging Corporation, Sancus and Greenfield Mortgages join Propp

Propp has added Alternative Bridging Corporation, Sancus and Greenfield Mortgages to its platform as part of its panel refresh.

The move was made in line with the specialist finance comparison site’s mission to broaden its offering.

Paul Elliott, managing director at Propp, said: “It’s important that the panel of Propp lenders evolves over time and is reflective of our mission to make specialist finance more transparent. 

“While we have removed some lenders, the overall number has increased from 40 at launch now to 59 on panel and we are always open to understanding how new lenders can add value to our client’s needs.”

Peter Williams, CEO at Propp, added: “Over the past twelve months, we’ve seen countless straightforward cases being rejected by lenders for trivial reasons, which is why it’s so important to build relationships with new lenders to our panel who take a common-sense approach to asset backed lending and bring something truly different to the table.”

Jonathan Rubins, director at Alternative Bridging Corporation, commented: “We’re very pleased to partner with Propp to make Alternative Bridging Corporation’s range of bridging and development finance available to property investors through the platform. 

“We are a lender that delivers results driven by the aim to find solutions and to be fair and flexible. 

“Property lending is our business, we accept each loan is unique and we do everything necessary to build lasting relationships.”

Dan Walker, UK managing director and deputy CEO at Sancus Lending Group, stated: “We are excited to join the Propp platform. 

“As we seek to drive growth in the UK, it is key that Sancus is able to offer borrowers a proposition that is straightforward, transparent and can be delivered at speed. 

“Teaming up with Propp will help us execute on that objective.”

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