You are here: cherry > Press releases for May 2019 > Mint Bridging Offers Dedicated Teams for Development and Bridging Lending

29 May 2019

Altrincham, Cheshire – 29th May 2019: Mint Bridging, the award winning short-term bridging lender recognised in the industry for fast, flexible and fair lending, is delighted to announce further enhancements to its offering.

Following the recent announcement of the provision of direct access to its eight mandated underwriters, Mint has separated out its development lending from its traditional bridging lending, with two distinct teams covering these two very different types of lending. The new development team is staffed by experienced development underwriters, supported by an expanded portfolio management team who are experts at supporting borrowers throughout the build. This team is overseen by Credit Risk Manager, Peter Howarth, who has several decades of development experience.

Meanwhile, the bridging team has been set up to provide a slick, professional service for those needing a fast and effective traditional bridge. Mint will be announcing a radical new product offering in the coming days which underpins the service proposition.

“As we looked at our progression as a business and our recruitment over recent years of some very experienced and impressive staff, we felt that the time was right to create differentiated offerings for the two different types of lending, thereby providing our broker partners with greater clarity,” Andrew Lazare, Managing Director at Mint Bridging explained. “Many lenders mix together development and traditional bridging into one team but we felt that it would be better to provide a structure which allowed each of our staff to concentrate on one, rather than both of these areas of lending given that they are so very different. We are very excited about being able to provide a bespoke service.”

With over 100 years of collective lending experience, Mint provides bridging, development and refurbishment loans as well as auction finance, re-bridging and commercial loans. In the near decade since it was formed, Mint has lent on a short-term basis in virtually every possible lending scenario.

To access the teams directly visit: www.mintbridging.co.uk/the-mint-bridging-team/

Mint Bridging has been operating since 2011, offering short-term bridging loans up to £5 million that borrowers use to fund property purchases, refinance, second charge loans or development projects. As the business is privately funded, third parties do not dictate lending decisions. This results in faster loan conversions.

For brokers looking for a rapid, flexible and original approach to borrowing, Mint has a team of 30 people with eight mandated underwriters. Sinead Moynihan heads up the sales team, while Richard Showman manages the underwriting team. Andrew Lazare and industry magnate Mark Abrahams run the day-to-day business.