Proportunity, a FinTech lender based in the UK, is set to launch a “zero deposit” mortgage product.
In Brief:
The neoloender announced it will add the zero deposit option later this year.
Currently Proportunity has financed over 260 home purchases with over £100mn.
It’s also crowdfunding on Seedrs.
What does this mean?
Proportunity aims to make the value of homes more transparent for its users, and says its ambition is to “help one million people onto the property ladder by 2030”.