Office address: Peel House, 30 The Downs, Altrincham, Cheshire WA14 2PX
Website: www.mintpropertyfinance.co.uk
Year established: 2011
Company type: financial services
Employees: 40+
Expertise: development finance, refurbishment bridge finance, bridging finance, short term finance
Parent company: N/A
Key people: Andrew Lazare (MD), Paul Wertheim (director), Mark Abrahams (director), Richard Showman (head of lending), Karen Shepherd (head of operations), Lewis Pelle ACCA (financial controller), Adam Robson (underwriting team leader)
Financing status: N/A
Mint Property Finance is a specialist lender based in Cheshire, offering simplified lending products designed for easy and efficient processing. They ensure smooth enquiry, application, underwriting, completion, and redemption for brokers, professional introducers, and direct borrowers. With over 12 years of service, the company has grown to have over 40 employees and eight underwriters.
Mint Property Finance, initially known as Mint Bridging, was founded in 2011 by Andrew Lazare from his garage, with a £10 million loan book goal. The company quickly expanded, becoming known for its trusted relationships with introducers and in over a decade introduced specialised underwriting and completions teams. In 2021, the company rebranded to reflect its broader focus on development and refurbishment finance, aiming to grow its loan book to £250 million.
In that same year, the company entered the Scottish market, broadening its geographic reach and establishing a stronger presence in the UK. Aldermore, a specialist bank, provided a multi-million-pound facility, significantly boosting Mint Property Finance’s funding capacity and enabling further growth. In 2023, they reported a record number of enquiries in Q1, reflecting increased market interest and demand for their financial products.
Mint Property Finance offers a diverse range of tailored financial solutions designed to meet the varying needs of property investors and developers. Key offerings include:
development finance: provides funding for new property development projects, including ground-up developments and large-scale property transformations
refurbishment bridge finance: offers loans specifically designed for property refurbishment projects, covering light, medium, and heavy refurbishments
bridging finance: short-term loans designed to bridge the gap between transactions, ideal for property purchases, auctions, and quick turnarounds
Mint Property Finance prioritises employee wellbeing, recognising it as essential for productivity and morale and investing in various health initiatives to support their team. By creating a positive and healthy work environment, they ensure employee satisfaction and long-term success. Specific activities demonstrate their commitment to a healthy workplace:
flexible working arrangements
regular breakout sessions
access to mental health first aiders
partnership with health plan provider Medicash
scheduled social time for employee interaction
encouragement of random acts of kindness
complimentary lunch deliveries
emphasis on mental health awareness and support
Mint Property Finance actively engages in charitable activities to give back to the community. They believe in supporting causes that make a meaningful impact, reflecting their commitment to social responsibility. Some of the initiatives they have undertaken include:
donating blood at Sale Rugby Club for annual charity initiative
sponsoring Preston to Manchester bike ride for Ronald McDonald House Charity
supporting Edgware & Kingsbury FC Women’s Development Squad for the season
emphasising employee well-being for World Mental Health Day
partaking in Marie Curie UK for terminal illness care
giving back to The Trussell Trust for emergency food and poverty relief
Andrew Lazare serves as Mint Property Finance's managing director. Lazare held significant roles in other companies such as being a director at Urban Logic and a fund manager at Axiomlab. He graduated from the North Cestrian Grammar School.
Key People who help the managing director in leading the company:
Paul Wertheim, as an operations director, oversees daily operations and ensures the company's efficiency and productivity
Mark Abrahams, a director, focuses on strategic planning and business development, driving the company's growth
Richard Showman, serving as head of lending, manages the lending operations and maintains high standards of service
Karen Shepherd, as head of operations, coordinates various departments to streamline processes and improve operational performance
Lewis Pelle ACCA, who serves as a financial controller, manages the company's financial activities and ensures regulatory compliance
Adam Robson, an underwriting team leader, oversees the underwriting team, ensuring thorough risk assessment and loan approval processes
Mint Property Finance is moving forward to develop its service offerings while integrating new technology into their operations. With strategies aimed at increasing capital and market reach, the company will make use of its strengths to expand significantly. In May 2024, a recent capital raise will fund three stunning new developments, enhancing their project portfolio and market presence.
The acceptance of OMV valuations, which provide an unbiased market value assessment for mortgage lending decisions, is set to streamline Mint Property Finance’s processes. This will also improve valuation accuracy, benefiting clients and stakeholders. These initiatives will bolster their market position and support future expansion plans.
His role will involve managing significant accounts and forging new partnerships with brokers across the region
Both will reinforce the lender's underwriting staff
Her recruitment follows a recent flurry of new arrivals in the company
He will establish and grow relationships with new brokers and professional introducers
Celebrating women trailblazers in mortgages and their latest accomplishments
Winners celebrated for being genuine role models
Mortgage Introducer celebrates the 55 female trailblazers who have soared to new heights in the mortgage industry over the past year
He has over 24 years of experience in property finance
Specialist lender commits to investment in regional unit
Lender's aim to be among industry's fastest