- Trussle is a free online mortgage broker that works with much-needed transparency.
- In February 2015, co-founders Ishaan Malhi and Jonathan Galore spent two hours in a north London cafe venting about how needlessly difficult it is to get a mortgage, and soon after, Trussle was founded.
Trussle has taken the mortgage process online, removing the time, hassle and costs involved in securing a mortgage. Trussle is completely free for customers and receives a fee from the lender once the mortgage was completed.
Trussle is a trading style of Trussle Lab Ltd, which is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which is authorised and regulated by the Financial Conduct Authority.
With Trussle, customers can see how much they could borrow or save in minutes. Whether they’re looking at homes for the first time or you’re looking to remortgage for the fourth time, Trussle’s quick online calculators will help their customers take the next step onto their home ownership journey.
Customers can find and secure their mortgage entirely online. Say goodbye to paperwork, long phone calls, and being left out of the loop. Say hello to a quick, jargon-free, personal service that customers can access from anywhere at anytime.
Trussle compare your mortgage with the latest deals on the market each day, so they can alert you the moment it’s time to switch to a more suitable deal. That way, customers will never pay more than you should to own your home.
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Just a few months after launching in December 2015, Trussle received its first investment. Trussle were backed in a £1.1mil funding round by some of Europe’s leading technology investors including LocalGlobe, Ed Wray (founder of Betfair), Ian Hogarth (founder of Songkick), Seedcamp, and Zoopla Property Group.
By the end of 2016, Trussle were awarded PropTech Startup of The Year at the Elevator Pitch LIVE Awards for making mortgage complexity a thing of the past.
In May 2018, Trussle announced their Series B funding of £13.6m backed by Goldman Sachs PSI and Propel Venture Partners.
By December 2020, Trussle became directly authorised as a mortgage broker by the Financial Conduct Authority, after 5 successful years as an appointed representative of the Mortgage Advice Bureau.