The specialist lender — part of the Norfolk Capital Group — offers bridging loans up to £500,000 (although it can consider larger deals on referral) and BTL facilities.
It also has a specialist proposition for light and heavy refurbishments, as well as a range of micro bridging loans up to £49,999.
“At Mercantile Trust, we offer a common-sense approach to lending decisions and are committed to providing excellent customer service,” said Maeve Ward, director of commercial operations at Mercantile Trust (pictured above).
- Emily Hollands and Beth Fisher discuss all things bridging
- The Bridging Group joins the ASTL
- Central Trust and Mercantile Trust bolster mortgage desk team
“Our business is built on integrity and accountability, with the aim of building lifelong relationships with intermediaries and clients, and this genuine approach to delivering the best possible customer outcomes aligns closely with the principles and ethics of the ASTL.
“We are delighted to become members of the association and look forward to working together with other members to promote good practice and sustainable growth in the bridging market.”
Vic Jannels, CEO at the ASTL, added: “Our growing membership means that we now represent the vast majority of recognisable brands in the short-term property lending market.
“With every new member to join our ranks, the volume of our voice and the strength of our influence increases.
“This means we are even better positioned to promote the sector, engage with policy makers and uphold standards.”
Leave a comment