Finance firm expands into Scotland with bridging loan ‘power product’

Andrew Lazare

Altrincham-based specialist finance lender Mint Property Finance has launched in Scotland as the business continues to realise its ambitious plans for expansion.

The move heralds the introduction of the company’s third ‘Power Product’ – the Scottish Standard Bridging Loan.

It is the business’s first foray into the Scottish market and follows significant growth in England and Wales.

The Standard Bridge for the Scottish market is available on loans ranging from £75,000 to £1,000,000 with higher loans considered in city centre locations, sees no minimum term, cosmetic works permitted, Foreign Nationals accepted and rates from 0.40% pm.

Speaking on the launch, Andrew Lazare, founder and managing director of Mint Property Finance, said: “Increasing our bridging offering to brokers and borrowers in Scotland is the next logical step in the evolution of the business.

“We’re delighted to enter the market with such a competitive product.

“We have set out our ambitious growth plans and we see the Scottish market as an area where we can grow our business and continue to provide our best-in-class service and pricing to a wider audience.”

He added: “2021 has been an exceptional year for us, one that has seen our lending records broken month on month.

“We believe that we can increase our loan completions volumes significantly by this move and look forward to announcing relationships with key Scottish partners in due course.”