Mint Bridging pledges to lend £30m next month

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Sinead Moynihan, head of sales at bridging lender Mint Bridging, says she is "looking forward" to the response after pledging to lend £30million of funding in September.

The company is offering free valuations on all new loan enquiries received from this date forward, on loans that are fully completed before the 30th September 2017.

This offer is open to new and existing brokers and introducers and will credit back all valuation fees to the borrower’s account, following completion of the loan.

Sinead said: “We are looking forward to rolling out this offering to our network of introducers and hope it will be well received. We have a lot of money allocated to lend in September for new business, and we are confident in achieving this lending target.

"It is testament to the team’s dedication and expertise, that we are able to consistently lend these volumes. Our six underwrites are ready to accommodate all enquiries. With a maximum loan size of £5m, we are looking forward to some high value opportunities.”

Managing Director, Andrew Lazare added: “I am delighted with the progress we have made this year, and we’ve been steadily developing our business month on month.

"Mint has seen a lot of entrants come into the market and felt it was time to communicate and enhance the sort of lending volumes we are delivering. We are looking at innovative ways of developing our product offering and believe free valuations are a good place to start.”

Carl Eldridge is a journalist with more than 25 years’ experience working on local and then national newspapers, including a spell on the City Desk at the Daily Express, before switching from print media to the internet.

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