Onwards and upwards: Trussle raises £14m investment
18th May 2018
I’m excited to announce that Trussle has raised £14m to make the world of mortgages better.
You may have seen me talking about it on Sky News - an exciting experience!
The last two years since we launched have been an incredible journey, so I’d like to take a moment to reflect and explain what this investment means for our customers.
But first, let’s wind back to why Trussle exists in the first place.
Finding a better way
A few years ago, I aspired to own my first home. I was super excited to take my first step on the ladder and reach such a huge life milestone. Unfortunately, that excitement quickly turned into disappointment.
The entire process felt overwhelming and outdated. There was too much jargon, too much complexity, and not enough transparency.
As if soaring house prices and saving a deposit weren’t challenging enough, now the process of trying to secure a mortgage itself was against me!
I was eventually told I wasn’t eligible for a mortgage, and I felt there had to be a better way. One that respects our time, our money, and our aspirations.
Every year millions of homeowners are failed by the industry’s shortcomings, so I set out to fix it.
Creating an ‘Excellent’ service
Since launching two years ago, the team and I have worked tirelessly to create a simple, modern, and intuitive experience for borrowers.
See how much you could borrow for a new mortgage or save on an existing one, in under two minutes.
Complete the process anytime, anywhere, on the device that’s most convenient for you.
Relax while we ensure you’re always on the right deal, pinging you an alert when it’s time to switch.
And you’ll never need to pay us a broker fee.
I’m particularly proud that we’ve been able to do all this while providing a world-class customer experience. But don’t take my word for it - take yours! We’re rated an Excellent 9.6/10 on Trustpilot, making us the best-rated online mortgage broker in the country.
And we’re just getting started.
Opening doors for everyone
Homes are where we build lives and dreams, which is why our vision is to make home ownership more affordable and accessible to all.
It’s why we stand for so much more than finance - for more than the privileged few. We want to open doors for everyone.
Our recent investment recognises the brilliant progress the team at Trussle have made, but also the scale of our ambition and the problem we’re solving.
First and foremost, the money will be used to build a better product and service for you. One that delivers the much needed convenience, transparency, and certainty to the process and accelerates us towards our vision.
This is about you
Lastly, I want to thank you.
None of this would have been possible without the enthusiasm and support from those who’ve followed us from the start. You’ve been our evangelists since we began and we’re doing this for you. It continues to humble the team and I, every single day.
To those who are just getting to know us, welcome to the home of home ownership. We continue to listen to your feedback and work even harder to build the right service for you.
As a frustrated customer before a CEO, I can empathise with you and assure you that these next few years are all about building the most brilliant and delightful mortgage experience you’ve ever seen.
Ishaan Malhi, CEO and founder of Trussle