Prospero Finance seeks expansion after Shawbrook tie-in

  • 09/05/2018
  • 0
Prospero Finance seeks expansion after Shawbrook tie-in
Shawbrook has added Prospero Finance as a strategic broker partner.


The two-year-old firm is a specialist in the residential and commercial property investment market and said it has plans to expand its team and service.

Prospero director Martin Smedley said that although the company was relatively young it was excited to have reached a key milestone target in 2018 by becoming one of Shawbrook Bank’s strategic partners.

“Our business growth relies on numerous factors – one of these is having a solid relationship with lenders,” he said.

“Over the next few months we will be welcoming back some familiar faces to the business in readiness to expand our service, including opening up channels to provide the introducer market with access to Shawbrook’s products.

“We look forward to the journey in front of us while applying the lessons learnt from the past,” he added.


Conversions and refurbishments

Shawbrook Commercial Property senior development manager Peter Turner noted the broker was particularly specialist in helping property professionals and investors build portfolios and add value to properties via conversions and refurbishments.

“They are able to find the right deals for their clients across their panel of lenders,” he said.

“Martin and the team are proactive with the client and the lender to ensure the deals happen as quickly as possible. They are a delight to work with and I look forward to working with them closely in the future,” he added.

There are 0 Comment(s)

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:
One Savings Bank predicts significant loan book growth

OneSavings Bank has predicted it will see “at least mid-teens” growth in its loan book this year.