Propp, a specialist property finance comparison site has launched.
The comparison site has over 40 lenders available on its platform and specialises in bridging finance and commercial mortgages.
Users will be able to view products from providers without being forced to provide personal details to access rates on the site, according to Propp.
Fiduciam lent £9m over Easter and has plans for £10m more
Bespoke quotes are negotiated for and presented back to borrowers within 24 hours.
The leadership team has over 60 years’ experience in the property space.
Peter Williams is the chief executive, Paul Elliott is the managing director and Ben Larkin is the chief technical officer.
Williams, Elliott and Larkin all previously spent time at John Charcol mortgage advisors.
Peter Williams, chief executive officer at Propp, said: “Propp has been purpose-built to shake-up the archaic specialist property finance space and bring it in line with the demands of today’s borrowers, who are accustomed to the convenience and transparency of automated technologies and instant, high-quality customer service.
“For too long the industry has rested on its laurels when it comes to automation and real transparency for its customers.
“The seasoned team we’ve built is committed to leading the industry by example.
“We’re excited to see what the next 12 months has in store for Propp and our customers who will be looking to us to provide them with the best possible deal during these unusual times.”