Propp has also expanded its admin function by bringing Harriet King onboard in the same week.
The comparison site for specialist property finance is expanding its team with a view to more growth in headcount coming in early 2022.
Propp.io specialises in bridging, commercial and development finance and leverages technology to drive competition among lenders to increase the choice available for borrowers.
Hounsell said: “Having worked with the leadership team at Propp in a previous role, it was a no-brainer for me to come aboard and be a part of building a brand that’s doing truly exciting things.”
“Propp’s ambition to drive transparency in the industry really resonated me and their ambitious plans for growth gave me the confidence to take the next step in my career.”
King added “It’s a big leap in a new direction for me, but I’m really excited to join a forward-thinking business that is shifting the power away from lenders in favour of borrowers in a way I haven’t seen before.”
Peter Williams, chief executive officer of Propp, said: “Given David’s exceptional reputation in the industry we couldn’t be more confident that he’s the right person to bring aboard as our appetite to write bridging and development finance grows.”
“Harriet is new to the specialist space but brings with her a wealth of experience from the regulated world and her support will be key to us being able to grow our capacity for new business.
“After a successful and exciting first 12 months of Propp, we’re in growth mode now.
“We want to chat with driven and experienced specialist brokers about the opportunity to join the Propp family and shake up the industry with us.”
