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Brooklands Commercial Finance Ltd one of Property 118’s founding sponsors, has acquired The Mortgage Explorer Ltd as part of their continuing expansion plans.
The Mortgage Explorer has recently celebrated its 20th birthday and is located down on the south coast, whilst its clients are spread throughout the UK. The company was incorporated with the intention of serving the professional market, especially the medical, veterinary, legal and educational sectors.
The founder and owner Louis d’Espagnac will remain as a consultant to the business and Brooklands are keeping all the staff including the experienced brokers.
Louis said “that after 20 years it is time for me to step down from the helm and become part of a larger group. Having serviced the residential and BTL mortgage needs for our clients we are delighted to be able to offer them a more comprehensive service. With the expertise of Brooklands, we are now able to offer; Commercial and Semi-Commercial Mortgages, Development Finance, Bridging Finance, HMOs and Holiday Let Mortgages, Unsecured Business Loans, Cash Flow Loans, Acquisition Finance and Finance for Partnership buy outs”.
Malcolm Jones founder and MD of Brooklands Commercial Finance commented that he was delighted to have acquired the Mortgage Explorer, who have a long and respected track record in this sector.
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