5 years ago

Proportunity Secures £7.5 Million to Empower First-Time Home Buyers in the UK

  • Proportunity, a London-based mortgage lender, has raised £7.5 million in debt funding to meet the increasing demand from first-time home buyers struggling with high housing prices

  • The company offers equity loans of up to £90,000, allowing buyers to purchase homes with a 5% deposit

  • Proportunity has experienced significant growth due to the 'work from home' trend and stamp duty relief, becoming a lifeline for aspiring homeowners facing difficulties securing mortgages.

      • ProblemFinancial Services

      "First-time home buyers in the UK are struggling to get on the property ladder due to high housing prices, especially in London."

      Solution

      "Proportunity offers a deposit-boosting equity loan of up to £90,000, allowing first-time buyers to purchase a home with only a 5% cash deposit. This helps them overcome the challenge of saving for a large deposit."

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