Contractor Mortgages Made Easy

Adviser to Contractor Mortgages Made Easy on an acquisition and investment for growth, backed by Livingbridge.

The deal

Our Corporate Finance team successfully advised the shareholders of Mortgages Made Easy Limited on the acquisition of Contractor Financials Limited and investment for growth by Livingbridge.

Contractor Mortgages Made Easy Ltd was established in 2004 by Sat Singh. He now runs the business as CEO with two fellow directors Taj Kang and Andy McBride. The business is one of the UK’s leading providers of broking services for mortgages and related financial products to the contractor freelancing industry. Both companies’ growth has been further underpinned by the implementation of the Mortgage Market Review (“MMR”) in 2014. The combined business will employ over 130 staff and will continue to champion the cause of the contractor freelancing community by working with the UK lending industry to ensure their unique circumstances are catered for.

Contractor Financials Ltd (“CFL”) was established in 2002 by Tony Harris. It is also a specialist in advising freelance contractors on access to mortgage and related products. The investment by Livingbridge will provide the capital required to accelerate the continuing growth of the enlarged group thus enabling the business to achieve its vision of becoming a top three national broker national broker (non Estate Agency led) in the UK.

“The acquisition of Contractor Financials Ltd, coupled with the investment from Livingbridge, will allow us to create a market leading proposition and build a best of breed business with a view to serving the financial interests of the contractor freelancing community. Working with the team has been an absolute pleasure – a combination of fun and focus. What became clear to me was that they were the team to get the deal over the line.” Satvinder Singh, Managing Director, Mortgages Made Easy Limited.

Deal summary

Date:

August 2015

Sector:

Financial Services

Deal type:

Buying a business; Raising Capital

Deal size:

Undisclosed

Working with the team has been an absolute pleasure - a combination of fun and focus. What became clear to me was that they were the team to get the deal over the line. Satvinder Singh Managing Director of Mortgages Made Easy Limited

Related team

Clive Hatchard

Clive Hatchard

  • Partner
  • Corporate Finance
  • London West End, Reading

Bilal Hasan

Bilal Hasan

  • Director
  • Corporate Finance
  • London West End, Reading

Related deals

Aquitaine Services Ltd

Adviser to Sovereign Capital on investment into Aquitaine and subsequent acquisitions of Federal Trust & Summit Trust.

  • Financial services
  • September 2021

Skerritts

Adviser to Sovereign Capital Partners on the acquisition of IFA and wealth management business, Skerritts.

  • Financial services
  • March 2021