You are here: Home - News -

Mint Bridging launches price match guarantee

  • 28/03/2018
  • 0
Mint Bridging launches price match guarantee
Specialist lender Mint Bridging has announced a price guarantee on select products, with a promise to undercut the terms of any competitor deals at a cheaper price.


To qualify for the offer, brokers need to submit the credit approved terms from a direct competitor to the head of sales, Sinead Moynihan (pictured).

A list of Mint Bridging’s direct competitors is available upon request.

A spokesperson for Mint said that credit approved terms constitute a decision in principle from a lender that has been approved by their credit team.

“Different lenders do things differently, but what we’re looking for is a full breakdown of the approved credit costs – such as the interest and cost per month, the legals and valuations,” she said.

The promotion is available to new and existing introducers, and will be initially available until 30 April 2018.

Mint added that pending results and feedback, it may continue the offer indefinitely.


The caveats

Under the terms and conditions, the offer is applicable for loans under £1.5m, with heavy refurbishment and development loans excluded.

Mint defines heavy refurbishment as structural change, such a knocking down support walls or moving staircases.

While Mint Bridging said it will beat the terms of interest charged by its competitors – it added that it may not provide the same loan to value (LTV) nor term for the client.

In addition, the guarantees are subject to underwriting and do not constitute an offer, and are subject to borrowers meeting Mint Bridging’s lending criteria.

The deal may also be changed or withdrawn at any time, and cannot be combined with any other Mint Bridging offer.

Moynihan commented: “We have a lot of money to lend and want to aggressively continue to grow our loan book. To do that, we’re going head-to-head with our direct competitors on price.

“The market is evolving every day,” she continued. “We do not want to lose deals purely on price. It’s about maintaining market presence and moving forward at all times.”

Founder and managing director Andrew Lazare added: “At Mint Bridging we provide great rates and service consistently, but we don’t want price to be a reason introducers shop elsewhere.”

There are 0 Comment(s)

Comments are closed.

You may also be interested in


Keep up-to-date with all the breaking bridging and short-term lending news and analysis, from regulatory changes to product innovation and inside market knowledge. Take a look at our broker and lender case studies showing short-term finance in practice.


Find all the news, opinion and analysis for property finance brokers specialising in commercial and semi-commercial mortgages, alternative and development finance for commercial investments in residential projects.

Second charge

Stay up-to-date with the latest news, analysis and opinion on the secured loan market as it evolves into a mainstream finance option following European regulation on 21 March 2016.

Complex buy-to-let

Whether it’s a complicated asset or a complex customer, you’ll find out all the breaking buy-to-let news in this section. From limited companies to portfolio landlords, student lets to a House in Multiple Occupation, we’ve got all bases covered with our up-to-the-minute news, analysis and opinion.

Mortgage Solutions

Find all the breaking news, analysis and industry comment on Specialist Lending Solutions' sister site, Mortgage Solutions
Read previous post:
BSLA 2018
The British Specialist Lending Awards finalists

The wait is over. Here's the list of all our worthy finalists ahead of the British Specialist Lending Awards at...