The UK’s first digital mortgage broker, Trussle, accelerates its growth with new leadership team and Direct Authorisation from the FCA

  • Trussle’s business volumes double in a declining market as consumers increasingly go digital for mortgage advice 

  • Trussle secures approval from the Financial Conduct Authority to operate as a Directly Authorised Firm

  • Trussle forms new Executive team with multiple senior appointments

The UK’s first digital mortgage broker, Trussle, has revealed 100% year-on-year growth¹ as more customers opt to use its digital proposition. Trussle, which combines expert advice with technology, has plans to further streamline the mortgage process to enable a more convenient service for its customers.  

Trussle secured regulatory approval from the Financial Conduct Authority to operate as a Directly Authorised firm from the 8th December. Trussle is now one of the 20 largest mortgage brokers in the UK and is rated the best online broker by Trustpilot.

Earlier this year, Trussle appointed Ian Larkin as CEO, and has recently completed formation of a new Executive team with the addition of  Johnny Waldron as Chief Marketing Officer, Jenny Crawford as VP People and Leah Brown as General Counsel & Company Secretary. Johnny has a wealth of digital marketing knowledge working with fintech scale-ups including World Remit, as well as  multinational beverage company, Diageo. Jenny is an experienced HR leader in start-up, scaling and transforming organisations, and recently joined Trussle from City Pantry. Leah worked in M&A at Freshfields and most recently as Legal Advisor at the Kuwait Investment Office before joining Trussle to build out its legal function.

Ian Larkin, CEO of Trussle, commented:  “2020 has been a breakthrough year for Trussle as more consumers have adopted digital services. More customers than ever have trusted us to help them find the right mortgage.

We’re at a really exciting stage of Trussle’s journey and having great leadership in place will help us to deliver on the full potential of our digital proposition. Being Directly Authorised by the FCA affirms the high standards of governance, culture and conduct within Trussle, and is an important milestone in our evolution.

Our goal is to deliver a faster and more convenient experience that enables customers to secure home financing with ease. This is especially important in the current market, as customers are experiencing unprecedented increases to mortgage processing times, reductions to mortgage product availability and changes to eligibility criteria.

We are working closely with lenders to help address the underlying causes of these challenges by providing a more technology-enabled, streamlined and efficient customer experience.”

~Ends~

Contact

For further information, please contact:

Emily Coyle at [email protected] or Leilah Mackie at [email protected] 

We’ve taken extra care to ensure the information provided within this release is presented in a way that’s compliant with regulatory requirements. If you have any questions about how to repurpose this information or require any further assistance, please contact Leilah Mackie at Trussle.

1. 2.19x Nov’18-Oct’19 vs Nov’19 - Oct’20

About Trussle

Trussle is your free online mortgage broker, helping you wherever you are on the ladder.

Our technology and expert mortgage advisers enable us to make better mortgage decisions in minutes, providing greater certainty and speed about your home financing options.

See how much you could borrow or save in minutes. Whether, you’re looking at homes for the first time, or you’re looking to remortgage for the fourth time. Our quick online calculators will help you take the next step on your home ownership journey.

Trussle is a trading name of Trussle Lab Ltd, which is authorised and regulated by the Financial Conduct Authority (firm reference 924229).

Your home may be repossessed if you do not keep up repayments on your mortgage.

More information can be found at https://trussle.com/ and Trussle’s press pack is available here.

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